bureaucracies to learn from countries that got it right and to put in place new policies, procedures, frameworks, to ensure better performance during the next pandemic which will surely come. the vergence between the last crisis and this one has been most stark on the global level. as daniel dresner wrote in his excellent book the system worked people used to think of global governance the way woody allen joked about food at catskills resorts, so bad and yet such small portions. in fact as he documents global governance functions surprisingly well during the financial crisis. countries cooperated, central banks worked together and a downward spiral was averted. he noted even china was remarkably willing to go along with major international initiatives. washington played the central role of course, nudging countries to get in line, but also acting in ways that helped other. the economic historian adam tuus
and you re reading that s not a flood of information on the president, that s news reports. as this thing twists and turns, we ve got to keep the headline out there. joining us now, professor of international politics at tuft s university, daniel dresner. elise lau elise labott, and kristen welker. kristen, let me start would with you. president tweeting yesterday he has the absolute right to investigate corruption in other countries. how are they feeling right now with this flood of reports that came through last night? well, first, what we expect today, willie, is defiance from the white house. remember, they had gotten document requests from house committees on capitol hill. and the big question swirling around this administration was how would they answer? well, now we are getting our answer. according to a source familiar with the matter telling me overnight that as soon as today
daniel dresner. he s going to punch you in the nose. in new york, mike barnacle who will probably agree with chris and also we have tv s own willie geist. dan actually brought you on to explain, if you will, that if there are people in pennsylvania that think this is good for them or are people in ohio think this is good for them, talk about the tradeoffs. how do these tariffs hurt working class americans when they go to buy things in walmart, in sam s club, in their grocery store, when they go to try to get a used car to give to their kids when they re about to drive off to college. so basically these tariffs hurt ordinary working class americans in two ways. the first is they re going to raise consumer prices. the price of every steel-using industry is about to go up, which even people like wilbur ross and peter navarro acknowledge. they claim, it s just a small text.
around so that the point that daniel is making and daniel i want to go back to you on this, you re not a political strategist, but what is it that you think we can do as democrats. i ll just ask it from the perspective of my party, what is it that we can do as democrats to make sure the argument that you re making about how to strengthen our trade policies and make sure the benefits are enjoyed by working folks can actually be more resonant politically. you have to point out the management with which the trump white house rolled this out. which is to say, even if you think that protectionism is a good idea, they have somehow managed to enact this in the stupidest way possible in such a way that you ve managed to al n allenuate allies. you have to say, yes, absolutely. trade creates winners and losers. there are a lot more winners in the united states than there are losers as a result of our trade policies the last 70 years. the question is how do you
missile defenses. there are no bad defenses here. they work. they just tested one firing a missile to hawaii back from alaska. and they got it. so we have to think about putting in place active defensive measures without which, you know, the whole notion about taking cover is sort of silly. so, daniel, assuming we can do better than telling people to park their cars and lie flat, i know you re of the mind that there were a few bright spots, a few little bit of room for optimism in what happened here. why is that? well, i agree with general mccaffrey that in some ways the interesting thing about this episode was just how easy it was to trigger this false alarm. i think given that it happened, and i m obviously extremely sad that it happened, you can argue it was a successful failure in the following sense. first what strikes necessary as miraculous is despite the fact this alert went out, my understanding is there was not a