J.D. Vance: ‘We Borrow Money from Chinese Peasants to Buy Things Chinese Peasants Manufacture’

Jones Let s bring ░░░░░░░░ the vice president in ░░░░░░░░ President J D Vance ░░░░░░░░ so much for joining ░░░░░░░░ Friends this morning Vance ░░░░░░░░ morning Great to be ░░░░░░░░ you Jones So the ░░░░░░░░ time we had one ░░░░░░░░ one was in your ░░░░░░░░ You weren t vice ░░░░░░░░ yet Vance That s ░░░░░░░░ Jones You were auditioning ░░░░░░░░ were the only candidate ░░░░░░░░ said if you didn ░░░░░░░░ get selected you would ░░░░░░░░ disappointed Well you got ░░░░░░░░ So congratulations Mr Vice ░░░░░░░░ Vance Thank you Jones ░░░░░░░░ s talk about some ░░░░░░░░ the issues that matter ░░░░░░░░ the American people Vance ░░░░░░░░ Jones And it s ░░░░░░░░ President s new tariff ░░░░░░░░ When I think about ░░░░░░░░ he got elected on ░░░░░░░░ bring the cost down ░░░░░░░░ people but also bring ░░░░░░░░ back to the country ░░░░░░░░ That s right Jones ░░░░░░░░ are going to kind ░░░░░░░░ hit each other right ░░░░░░░░ to us how you ░░░░░░░░ manufacturing here but also ░░░░░░░░ the cost down for ░░░░░░░░ American people Vance Well ░░░░░░░░ you go back a ░░░░░░░░ bit Lawrence remember during ░░░░░░░░ first Trump Administration everybody ░░░░░░░░ that Trump s tariffs ░░░░░░░░ going to be inflationary ░░░░░░░░ then What actually happened ░░░░░░░░ had 1 5 percent ░░░░░░░░ We had the fastest ░░░░░░░░ economy in a generation ░░░░░░░░ we had the beginning ░░░░░░░░ a manufacturing renaissance in ░░░░░░░░ United States of America ░░░░░░░░ of course we had ░░░░░░░░ terrible years of the ░░░░░░░░ Administration But I think ░░░░░░░░ s useful for all ░░░░░░░░ us to step back ░░░░░░░░ ask us ask ourselves ░░░░░░░░ has the globalist economy ░░░░░░░░ of the United States ░░░░░░░░ America And the answer ░░░░░░░░ fundamentally it s based ░░░░░░░░ two principles incurring a ░░░░░░░░ amount of debt to ░░░░░░░░ things that other countries ░░░░░░░░ for us To make ░░░░░░░░ a little bit more ░░░░░░░░ clear we borrow money ░░░░░░░░ Chinese peasants to buy ░░░░░░░░ things those Chinese peasants ░░░░░░░░ That is not a ░░░░░░░░ for economic prosperity It ░░░░░░░░ not a recipe for ░░░░░░░░ prices And it s ░░░░░░░░ a recipe for good ░░░░░░░░ in the United States ░░░░░░░░ America For 40 years ░░░░░░░░ have gone down that ░░░░░░░░ We ve seen closing ░░░░░░░░ We ve seen rising ░░░░░░░░ We ve seen the ░░░░░░░░ of housing so high ░░░░░░░░ most Americans can t ░░░░░░░░ to buy a home ░░░░░░░░ now President Trump is ░░░░░░░░ this economy in a ░░░░░░░░ direction He ran on ░░░░░░░░ He promised it And ░░░░░░░░ he s delivering And ░░░░░░░░ this is a big ░░░░░░░░ I m not going ░░░░░░░░ shy away from it ░░░░░░░░ we needed a big ░░░░░░░░ Lawrence We cannot keep ░░░░░░░░ down the Joe Biden ░░░░░░░░ pathway where we have ░░░░░░░░ trillion of peacetime debt ░░░░░░░░ deficits We have manufacturing ░░░░░░░░ That is not working ░░░░░░░░ Americans We ve got ░░░░░░░░ take this country in ░░░░░░░░ different direction.”