one thing this president has done very well is listen. we ve had hundreds of business leaders here from all different types of areas. manufactur manufacturers, retail, airlines, community banks, big banks. we are listening and we have been taking feedback. finally, i would just add, the president s objective is creating economic growth. and as we ve said before, we believe we can get back to 3% or higher gdp that is sustainable in this country. the overall economic plan consists of massive tax cuts and tax reform. regulatory relief and renegotiating trade deals. with that, we will unlock the economic growth that s been held back for too long in this country. with that, we d be both happy to take a few questions. in the back. reporter: thank you, mr. secretary. when you talk about the individual tax rates, you re
economic nationalism lives again this week. you can see the sort of maneuver back towards some of that thinking and some of the steps towards the policymaking. number two, the reason why i worry that some of these protectionist policies won t work long term is exactly what you re saying. the cheaper manufacturing options are overseas. maybe you put in a temporary fix that changes some manufacturing processes or where some jobs are. i mean, capitalism will win out over time. amazon, zara, extraordinarily successful companies because they saw cheap products quickly. if and when will you see the supporters who have said, i just want my taxes lowered. i just want my job back. will there be a moment when they turn, if those jobs don t return. because, again, the president likes to talk about all these jobs he s brought back. if you look at the numbers, we haven t seen them and he, himself, and his daughter, ivanka, continue to manufacturer products overseas. how does he say to manufactur
wilbur ross, the billionaire investor is known as the king of bankruptcy after making his fortune by selling off american steel factories and other manufactur manufacturers. why trump thinks ross is the right man for the job. celebrating the life of florence henderson, known as the iconic mother of six. she passed away last night. we will have more on her life and the tributes pouring in. doug? yeah. when couple back to earth, would you please go tell the boys to come in and straighten up their room? that goes beyond assuming ingredients are safe. to knowing they are. going beyond expectations. because our pets deserve it. beyond. natural pet food. this car is traveling over 200 miles per hour. to win, every millisecond matters. both on the track and thousands ofilesway. with the help of at&t, red bull racing can share critical information about every
exclusive interview. then we ll go on a tour around the world with a global panel. neil ferguson, mubani and khanfar. also, how in the world did one of the world s greatest sellers in the global bazaar lose its mojo? i ll explain. but first, here s my take. president obama spoke forcefully in his state of the union about the importance of reviving manufacturing in america. if you talk with economists, they ll tell you it s a very complex problem. involving taxes, trade, regulatory policy, exchange rates, educational skills. it is all of those things. but when you move from high-level policy to specific cases, you ll often find one element that is rarely talked about, a government s role in boosting its domestic manufactur manufacturers. in a front-page story last week, the new york times detailed how apple s iphone ended up being made outside america. the times wrote about the apple executives who visited a factory in china to see if it could cut the glass precisely f
we did the tax cuts, we thought you d have to wait until february, but you started seeing them very early because hundreds and even actually thousands of companies were giving massive numbers of whatever you want to call it, what would you call it, mike? thousands of dollars, what would you call that? we can t say it s a gift because they re workers. we can t say it s a tax, because it s not a tax. they are getting a lot of money and every i mean, so many and a lot of companies didn t want to do it and the people working for the companies said, what about us, and they did it. they had no choice. in fact, another great announcement to share with you, as well, today, i will sign a presidential memorandum directing the e.p.a. to cut even more red tape on our manufactur manufacturers. [applause]