Business Mogul Steve Madden: Trump Is Clueless On The Economy | The Beat With Ari Melber | MSNBC

Business Mogul Steve Madden: Trump Is Clueless On The Economy | The Beat With Ari Melber | MSNBC


YOU’VE BEEN THERE DONE IT, YOU KNOW HIM AND GIVE US EXTRA KNOW HIM AND GIVE US EXTRA INSIGHTS. INSIGHTS. THANK YOU FOR COMING THROUGH. THANK YOU FOR COMING THROUGH.>>MY PLEASURE.>>MY PLEASURE.>>I WANT TO GET INTO SOMETHING>>I WANT TO GET INTO SOMETHING WITH ANOTHER SPECIAL GUEST. WITH ANOTHER SPECIAL GUEST. YOU’VE HEARD ALL ABOUT THE YOU’VE HEARD ALL ABOUT THE JIRTS, MARKETS, TRUMP RECESSION JIRTS, MARKETS, TRUMP RECESSION TALK. TALK. THERE’S NO STABLE LEADERSHIP THERE’S NO STABLE LEADERSHIP FROM THE WHITE HOUSE WITH FROM THE WHITE HOUSE WITH GROWING SIGNS OF POTENTIAL GROWING SIGNS OF POTENTIAL RECESSION AND TRUMP IS FLIP RECESSION AND TRUMP IS FLIP FLOPPING ON HIS OWN PLANS WHAT FLOPPING ON HIS OWN PLANS WHAT TO DO ABOUT IT. TO DO ABOUT IT.>>PAYROLL TAXES, I’VE BEEN>>PAYROLL TAXES, I’VE BEEN THINKING ABOUT PAYROLL TAXES FOR THINKING ABOUT PAYROLL TAXES FOR A LONG TIME. A LONG TIME. WHETHER OR NOT WE DO IT NOW OR WHETHER OR NOT WE DO IT NOW OR NOT IS — IT’S NOT BEING DONE NOT IS — IT’S NOT BEING DONE BECAUSE OF RECESSION. BECAUSE OF RECESSION.>>PAYROLL TAX CUT WHICH IS>>PAYROLL TAX CUT WHICH IS AIMED. AIMED.>>I’M NOT LOOKING AT A TAX CUT>>I’M NOT LOOKING AT A TAX CUT NOW. NOW. WE DON’T NEED IT. WE DON’T NEED IT.>>OKAY.>>OKAY. TUESDAY YES, WEDNESDAY NO. TUESDAY YES, WEDNESDAY NO. HE DID THE SAME THING ON AN HE DID THE SAME THING ON AN ISSUE THAT WOULD BENEFIT MOSTLY ISSUE THAT WOULD BENEFIT MOSTLY NO ONE OTHER THAN THE VERY RICH. NO ONE OTHER THAN THE VERY RICH. WHICH IS SOMETHING THEY CALL WHICH IS SOMETHING THEY CALL INDEXING OF THE CAPITAL GAINS INDEXING OF THE CAPITAL GAINS TAX. TAX.>>SO WE’RE TALKING ABOUT>>SO WE’RE TALKING ABOUT INDEXING AND WE’RE ALWAYS INDEXING AND WE’RE ALWAYS LOOKING AT THE CAPITAL GAINS LOOKING AT THE CAPITAL GAINS TAX. TAX.>>HAVE THE EXECUTIVE AUTHORITY>>HAVE THE EXECUTIVE AUTHORITY TO INDEX CAPITAL GAINS? TO INDEX CAPITAL GAINS?>>I’M NOT LOOKING TO DO>>I’M NOT LOOKING TO DO INDEXING. INDEXING. I DON’T WANT TO DO THAT. I DON’T WANT TO DO THAT.>>WHY SO MUCH CONTRADICTION IN>>WHY SO MUCH CONTRADICTION IN THE OPEN? THE OPEN? THERE ARE REPORTS RECENT TRUMP THERE ARE REPORTS RECENT TRUMP IS PRIVATELY TELLING PEOPLE HE’S IS PRIVATELY TELLING PEOPLE HE’S RATTLED ABOUT THIS POTENTIAL RATTLED ABOUT THIS POTENTIAL RECESSION WHICH MIGHT AFFECT HIS RECESSION WHICH MIGHT AFFECT HIS THINKING AS HE JUMPS BACK AND THINKING AS HE JUMPS BACK AND FORTH WHAT HE MIGHT DO AND FORTH WHAT HE MIGHT DO AND WORRIED THAT HE COULD LOSE THE WORRIED THAT HE COULD LOSE THE ELECTION OVER IT, BUT THEN IN ELECTION OVER IT, BUT THEN IN PUBLIC HE DENIES IT ALL. PUBLIC HE DENIES IT ALL.>>THE FAKE NEWS OF WHICH MANY>>THE FAKE NEWS OF WHICH MANY OF YOU ARE MEMBERS, HAS TRIED TO OF YOU ARE MEMBERS, HAS TRIED TO CONVINCE THE PUBLICING TO HAVE A CONVINCE THE PUBLICING TO HAVE A RECESSION. RECESSION. LET’S HAVE A RECESSION. LET’S HAVE A RECESSION. THE UNITED STATES IS DOING THE UNITED STATES IS DOING PHENOMENONALLY WELL. PHENOMENONALLY WELL.>>WE ALWAYS LOOK FOR NEW AND>>WE ALWAYS LOOK FOR NEW AND INTERESTING VOICES. INTERESTING VOICES. FIRST TIME GUEST IS SOMEONE YOU FIRST TIME GUEST IS SOMEONE YOU HAVE CERTAINLY HEARD OF, A HAVE CERTAINLY HEARD OF, A BUSINESSMAN AND ENTREPRENEUR, A BUSINESSMAN AND ENTREPRENEUR, A FASHION DESIGNER STEVE MADDEN FASHION DESIGNER STEVE MADDEN FOUNDER AND FORMER CEO OF THE FOUNDER AND FORMER CEO OF THE COMPANY THAT BEARS HIS NAME. COMPANY THAT BEARS HIS NAME. NICE TO SEE YOU. NICE TO SEE YOU.>>IT’S GOOD TO BE HERE.>>IT’S GOOD TO BE HERE.>>YOU ARE FOLLOWING ONE OF THE>>YOU ARE FOLLOWING ONE OF THE RULES IN TECH WHICH IS THE MORE RULES IN TECH WHICH IS THE MORE SUCCESSFUL YOU ARE, THE LESS YOU SUCCESSFUL YOU ARE, THE LESS YOU HAVE TO DRESS UP. HAVE TO DRESS UP.>>I LIKE IT.>>I LIKE IT. IF TRUMP WOULD GIVE ME A JOB IN IF TRUMP WOULD GIVE ME A JOB IN HIS ADMINISTRATION, I WOULD WORK HIS ADMINISTRATION, I WOULD WORK IN THE ECONOMICS DEPARTMENT, I IN THE ECONOMICS DEPARTMENT, I MIGHT TAKE OFF MY HAT. MIGHT TAKE OFF MY HAT.>>YOU WOULD TAKE OFF YOUR HAT>>YOU WOULD TAKE OFF YOUR HAT FOR THAT PUBLIC SERVICE. FOR THAT PUBLIC SERVICE.>>NEEDS A LITTLE HELP.>>NEEDS A LITTLE HELP.>>CLAIMS TO BE A DEALMAKER.>>CLAIMS TO BE A DEALMAKER.>>YEAH.>>YEAH.>>YOU ARE ACTUALLY KNOWN TO BE>>YOU ARE ACTUALLY KNOWN TO BE A DEALMAKER. A DEALMAKER.>>YES.>>YES.>>ASSESS HIM ON WHAT WE JUST>>ASSESS HIM ON WHAT WE JUST SAW. SAW. DOES THAT BACK AND FORTH MATTER DOES THAT BACK AND FORTH MATTER TO THE ECONOMY? TO THE ECONOMY? DOES IT HURT ANYTHING? DOES IT HURT ANYTHING? DOES IT HELP WHEN HE GOES WE DOES IT HELP WHEN HE GOES WE NIGHT DO THIS OR THAT? NIGHT DO THIS OR THAT?>>I THINK THAT HE GOT HIMSELF>>I THINK THAT HE GOT HIMSELF IN OVER HIS HEAD WITH CHINA. IN OVER HIS HEAD WITH CHINA. AND YOU KNOW, HE’S NEGOTIATING AND YOU KNOW, HE’S NEGOTIATING AGAINST A GUY THAT’S PRESIDENT AGAINST A GUY THAT’S PRESIDENT FOR LIFE. FOR LIFE. AND TRUMP IS ONLY PRESIDENT FOR AND TRUMP IS ONLY PRESIDENT FOR ANOTHER TWO YEARS. ANOTHER TWO YEARS. SO HE’S GOT NOT AS MUCH LEVER SO HE’S GOT NOT AS MUCH LEVER AND AS THE OTHER GUY. AND AS THE OTHER GUY. I THINK THE CHINESE THING IS I THINK THE CHINESE THING IS HURTING THE ECONOMY. HURTING THE ECONOMY. THE TARIFFS ARE HURTING THE THE TARIFFS ARE HURTING THE ECONOMY. ECONOMY. THEY’RE FORCING PRICES UP. THEY’RE FORCING PRICES UP. PEOPLE ARE GOING TO LOSE THEIR PEOPLE ARE GOING TO LOSE THEIR JOBS. JOBS. IT’S JUST TERRIBLE FOR THE IT’S JUST TERRIBLE FOR THE ECONOMY. ECONOMY.>>IS ALL KNOW, WHAT’S WHERE THE>>IS ALL KNOW, WHAT’S WHERE THE ECONOMICS MEET THE POLITICS. ECONOMICS MEET THE POLITICS. WHAT ARE THE TWO THINGS KNOW WHAT ARE THE TWO THINGS KNOW THAT TRUMP DID? THAT TRUMP DID? I’M NOT TALKING ABOUT THE I’M NOT TALKING ABOUT THE TWEETS. TWEETS. WHAT HAS HE DONE REGARDING THE WHAT HAS HE DONE REGARDING THE ECONOMY? ECONOMY? EVERYBODY KNOWS THERE WAS A BIG EVERYBODY KNOWS THERE WAS A BIG TAX CUT MOSTLY TO THE TOP AND TAX CUT MOSTLY TO THE TOP AND THERE’S A TRADE WAR ON. THERE’S A TRADE WAR ON.>>YEAH.>>YEAH.>>YOU’RE SAYING THE TRADE WAR>>YOU’RE SAYING THE TRADE WAR DOESN’T HELP AMERICANS. DOESN’T HELP AMERICANS.>>THE TRADE WAR IS HURTING>>THE TRADE WAR IS HURTING AMERICANS. AMERICANS. IT REALLY IS. IT REALLY IS. SO MUCH OF WHAT WE HAVE FROM OUR SO MUCH OF WHAT WE HAVE FROM OUR iPHONE TO OUR STEVE MADDEN SHOES iPHONE TO OUR STEVE MADDEN SHOES COMES FROM CHINA. COMES FROM CHINA. NOT ALL MY GOODS COME FROM CHINA NOT ALL MY GOODS COME FROM CHINA BUT IT’S JUST GOING TO FORCE BUT IT’S JUST GOING TO FORCE PRICES UP. PRICES UP. IT’S GOING TO SQUEEZE MARGINS, IT’S GOING TO SQUEEZE MARGINS, COST JOBS. COST JOBS. IT’S A TERRIBLE THING. IT’S A TERRIBLE THING. DISRUPT SUPPLY CHAINS. DISRUPT SUPPLY CHAINS.>>WE NEVER KNOW WHEN YOU>>WE NEVER KNOW WHEN YOU MENTION YOUR NAME WHETHER YOU’RE MENTION YOUR NAME WHETHER YOU’RE SELF-PROMOTING OR PLUGGING YOUR SELF-PROMOTING OR PLUGGING YOUR BUSINESS. BUSINESS. WE CAN’T TELL THE DIFFERENCE. WE CAN’T TELL THE DIFFERENCE.>>YOU KNOW, I’M DOING ALL OF>>YOU KNOW, I’M DOING ALL OF IT. IT.>>IT’S ALL ONE AND THE SAME.>>IT’S ALL ONE AND THE SAME.>>WHAT ABOUT THE PUSHBACK>>WHAT ABOUT THE PUSHBACK SOMEONE WOULD SAY, ARI’S TALKING SOMEONE WOULD SAY, ARI’S TALKING TO RICH STEVE MADDEN WHO HAS A TO RICH STEVE MADDEN WHO HAS A BUSINESS INTEREST IN CHINA AND BUSINESS INTEREST IN CHINA AND COUGH YOURS HE DOESN’T LIKE THE COUGH YOURS HE DOESN’T LIKE THE TARIFF WAR. TARIFF WAR. IF WE BEAT CHINA, IF TRUMP WINS IF WE BEAT CHINA, IF TRUMP WINS HIS AIDES AND HIS ECONOMICS AIDS HIS AIDES AND HIS ECONOMICS AIDS WOULD SAY WE’RE GOING TO BEAT WOULD SAY WE’RE GOING TO BEAT CHINA AND IN THE LONG RUN WE’RE CHINA AND IN THE LONG RUN WE’RE GOING TO GET MORE SHOES MADE GOING TO GET MORE SHOES MADE HERE INSTEAD OF ELSEWHERE. HERE INSTEAD OF ELSEWHERE.>>WE’RE NOT GOING TO MAKE ANY>>WE’RE NOT GOING TO MAKE ANY SHOES IN AMERICA BUT WE HAVE SHOES IN AMERICA BUT WE HAVE OTHER JOBS IN AMERICA. OTHER JOBS IN AMERICA. WE HAVE DESIGN JOBS, MARKETING WE HAVE DESIGN JOBS, MARKETING JOBS. JOBS. WE HAVE RETAIL JOBS. WE HAVE RETAIL JOBS. CREATIVE JOBS. CREATIVE JOBS. IT’S SHIFTED. IT’S SHIFTED. WE JUST DON’T HAVE THE HANDS WE JUST DON’T HAVE THE HANDS THAT MAKE THE SHOES NOW. THAT MAKE THE SHOES NOW. THEY’RE MADE OFFSHORE. THEY’RE MADE OFFSHORE.>>AND YOU’RE SAYING I WANT TO>>AND YOU’RE SAYING I WANT TO BE VERY CLEAR. BE VERY CLEAR. EVEN IF YOU ENVISION A FAN EVEN IF YOU ENVISION A FAN FICTION VIDEO GAME MAGA UNIVERSE FICTION VIDEO GAME MAGA UNIVERSE WHERE TRUMP BEAT KLEIN, YOU’RE WHERE TRUMP BEAT KLEIN, YOU’RE SAYING THOSE SHOES WOULDN’T COME SAYING THOSE SHOES WOULDN’T COME BACK TO AMERICA. BACK TO AMERICA.>>NO, WE’RE GOING TO MOVE>>NO, WE’RE GOING TO MOVE PRODUCTION TO MEXICO OR VIETNAM PRODUCTION TO MEXICO OR VIETNAM OR TO AFRICA. OR TO AFRICA. THINGS LIKE THAT. THINGS LIKE THAT.>>YOU’RE A BOSS.>>YOU’RE A BOSS. YOU’RE FAMILIAR WITH THE TERM YOU’RE FAMILIAR WITH THE TERM BOSS. BOSS.>>YES, YES.>>YES, YES.>>YOU KNOW.>>YOU KNOW.>>SOMETIMES.>>SOMETIMES. YES. YES.>>YOU KNOW.>>YOU KNOW.>>YEAH.>>YEAH.>>BOSSES HAVE TO BE HELD>>BOSSES HAVE TO BE HELD ACCOUNTABLE SOMETIMES. ACCOUNTABLE SOMETIMES.>>YES, YES.>>YES, YES.>>WHEN YOU LOOK AT THE POLLING>>WHEN YOU LOOK AT THE POLLING ON SOME OF THIS STUFF, IT’S ON SOME OF THIS STUFF, IT’S ALWAYS POLARIZED AND RED AND ALWAYS POLARIZED AND RED AND BLUE. BLUE. THERE IS AN OVERWHELMING THERE IS AN OVERWHELMING MAJORITY OF PEOPLE THAT SAY IF MAJORITY OF PEOPLE THAT SAY IF THERE IS A RECESSION AND TRUMP’S THERE IS A RECESSION AND TRUMP’S WORRIED ABOUT IT, 69% OF PEOPLE WORRIED ABOUT IT, 69% OF PEOPLE SAY THEY WOULD HOLD TRUMP SAY THEY WOULD HOLD TRUMP ACCOUNTABLE. ACCOUNTABLE. IS THAT WHAT YOU THINK WOULD IS THAT WHAT YOU THINK WOULD HAPPEN? HAPPEN?>>OF COURSE.>>OF COURSE. HE’S IN CHARGE. HE’S IN CHARGE. SO HE’S GOING TO BE HELD SO HE’S GOING TO BE HELD ACCOUNTABLE. ACCOUNTABLE. I THINK IT WILL HURT HIM. I THINK IT WILL HURT HIM. IF HE’S WATCHING, I IMPLORE HIM IF HE’S WATCHING, I IMPLORE HIM TO END THESE TARIFFS. TO END THESE TARIFFS. IT’S JUST — IT’S REALLY HURTFUL IT’S JUST — IT’S REALLY HURTFUL AND IT’S CAUSING SO MUCH CHAOS, AND IT’S CAUSING SO MUCH CHAOS, DISRUPTING SUPPLY COMANZ. DISRUPTING SUPPLY COMANZ. IT’S GOING TO CAUSE RECESSION. IT’S GOING TO CAUSE RECESSION.>>IS CHINA OUTSMARTING HIM OR>>IS CHINA OUTSMARTING HIM OR THEY JUST HAVE MORE MORE RUNWAY? THEY JUST HAVE MORE MORE RUNWAY? THEY HAVE MORE TIME. THEY HAVE MORE TIME. WE ARE ON A POLITICAL CALENDAR. WE ARE ON A POLITICAL CALENDAR.>>YEAH.>>YEAH.>>YOU’RE DEALING WITH WHATEVER>>YOU’RE DEALING WITH WHATEVER YOU WANT TO CALL IT, AN YOU WANT TO CALL IT, AN AUTOCRATIC COUNTRY. AUTOCRATIC COUNTRY.>>IT’S DIFFERENT.>>IT’S DIFFERENT.>>THEY DON’T HAVE A TIME LIMIT>>THEY DON’T HAVE A TIME LIMIT TO FIGHT HIM OUT. TO FIGHT HIM OUT.>>YES, HE’S TRYING TO DO>>YES, HE’S TRYING TO DO SOMETHING, HE’S TRYING TO HELP SOMETHING, HE’S TRYING TO HELP THE PRESIDENT IS TRYING TO DO THE PRESIDENT IS TRYING TO DO SOMETHING. SOMETHING. OKAY? OKAY? BUT HE NEGOTIATING WITH THE BUT HE NEGOTIATING WITH THE CHINESE LIKE HE’S NEGOTIATING CHINESE LIKE HE’S NEGOTIATING WITH SOMEONE FROM BROOKLYN IS WITH SOMEONE FROM BROOKLYN IS NOT GOING TO WORK. NOT GOING TO WORK. IT’S JUST NOT GOING TO WORK. IT’S JUST NOT GOING TO WORK.>>BARBARA REZ SOUNDS LIKE>>BARBARA REZ SOUNDS LIKE SOMEONE FROM BROOKLYN. SOMEONE FROM BROOKLYN.>>MAYBE.>>MAYBE.>>NOW WE’LL TALK ABOUT THE>>NOW WE’LL TALK ABOUT THE PREDICTIONS. PREDICTIONS. YOU KNOW BETTER THAN SOME, THE YOU KNOW BETTER THAN SOME, THE MARKETS ALL OVER THE PLACE. MARKETS ALL OVER THE PLACE. MICK MULVANEY IS PRIVATELY MICK MULVANEY IS PRIVATELY TELLING IT THE SORT OF TELLING IT THE SORT OF REPUBLICAN DONOR CLASS, LOOK, BE REPUBLICAN DONOR CLASS, LOOK, BE READY FOR A QUOTE MODERATE AND READY FOR A QUOTE MODERATE AND SHORT RECESSION. SHORT RECESSION. IS THAT WHAT YOU’RE BRACING FOR? IS THAT WHAT YOU’RE BRACING FOR?>>I’M GOOD AT PREDICTING HEEL>>I’M GOOD AT PREDICTING HEEL HEIGHTS. HEIGHTS. I JUST HOPE THERE’S NOT A I JUST HOPE THERE’S NOT A RECESSION. RECESSION. YOU KNOW, AND I DON’T WANT TO YOU KNOW, AND I DON’T WANT TO SEE A RECESSION JUST BECAUSE IT SEE A RECESSION JUST BECAUSE IT HURTS THE PRESIDENT. HURTS THE PRESIDENT. WE DON’T WANT THAT. WE DON’T WANT THAT. BUT SOME OF THE THINGS THAT HE’S BUT SOME OF THE THINGS THAT HE’S DOING COULD BE CREATING A DOING COULD BE CREATING A RECESSION. RECESSION.>>LIKE THE OTHER THAN THE TRADE>>LIKE THE OTHER THAN THE TRADE WAR. WAR.>>LIKE THE TARIFFS LIKE THE>>LIKE THE TARIFFS LIKE THE DEFICIT IS OUT OF CONTROL. DEFICIT IS OUT OF CONTROL. IT’S CRAZY. IT’S CRAZY. AND THE TWEETS. AND THE TWEETS. THE TWEETS ARE HURTING. THE TWEETS ARE HURTING. THE FLIP-FLOPPING AND THE TWEETS THE FLIP-FLOPPING AND THE TWEETS ARE HURT TOO. ARE HURT TOO. THE TWEETS ARE REALLY HURTING THE TWEETS ARE REALLY HURTING BECAUSE IT UNDERMINES SORT OF BECAUSE IT UNDERMINES SORT OF CONFIDENCE AND THINGS. CONFIDENCE AND THINGS. I KNOW HE KNOWS BETTER AND I I KNOW HE KNOWS BETTER AND I HOPE HE STOPS DOING IT. HOPE HE STOPS DOING IT.>>YOU SAY YOU HOPE HE’S>>YOU SAY YOU HOPE HE’S WATCHING. WATCHING. WHAT DO YOU KNOW ABOUT HIM. WHAT DO YOU KNOW ABOUT HIM.>>I HAVE HIM A COUPLE OF TIMES.>>I HAVE HIM A COUPLE OF TIMES. I HAVEN’T MET HIM. I HAVEN’T MET HIM. I WAS A JUDGE ON THE BEAUTY I WAS A JUDGE ON THE BEAUTY PAGEANT LIKE TEN YEARS AGO OR PAGEANT LIKE TEN YEARS AGO OR SOMETHING. SOMETHING. I THINK HE MEANS WELL. I THINK HE MEANS WELL. I JUST THINK HE’S MISGUIDED AND I JUST THINK HE’S MISGUIDED AND HE REALLY NEEDS HELP. HE REALLY NEEDS HELP. HE NEEDS TO GET SOME SMART GUYS HE NEEDS TO GET SOME SMART GUYS AROUND HIM. AROUND HIM.>>HE MEANS WELL ON WHAT?>>HE MEANS WELL ON WHAT? A LOT OF PEOPLE DON’T FEEL LIKE A LOT OF PEOPLE DON’T FEEL LIKE HE MEANS WELL ON CHARLOTTESVILLE HE MEANS WELL ON CHARLOTTESVILLE OR CHILDREN IN CAGES. OR CHILDREN IN CAGES.>>HE’S MADE SOME MISTAKES.>>HE’S MADE SOME MISTAKES. I’M NOT DEFENDING HIM. I’M NOT DEFENDING HIM. I THINK WHEN HE WAKES UP, HE I THINK WHEN HE WAKES UP, HE MEANS TO DO WELL BUT I THINK MEANS TO DO WELL BUT I THINK HE’S MISGUIDED. HE’S MISGUIDED. AND I THINK THAT HE JUST NEEDS AND I THINK THAT HE JUST NEEDS SMART PEOPLE AROUND HIM. SMART PEOPLE AROUND HIM.>>YOU KNOW HOW YOU TALK?>>YOU KNOW HOW YOU TALK? YOU’RE TALKING ABOUT HIM THE WAY YOU’RE TALKING ABOUT HIM THE WAY A LOT OF PEOPLE TALK ABOUT HIM A LOT OF PEOPLE TALK ABOUT HIM IN WASHINGTON, D.C. INCLUDING IN WASHINGTON, D.C. INCLUDING REPUBLICANS. REPUBLICANS. THEY TALK ABOUT HIM LIKE HE’S THEY TALK ABOUT HIM LIKE HE’S 12, LIKE MEANS WELL BUT NEEDS 12, LIKE MEANS WELL BUT NEEDS GUIDANCE. GUIDANCE. HE’S THE PRESIDENT OF THE UNITED HE’S THE PRESIDENT OF THE UNITED STATES. STATES.>>WE HAVE THE SMARTEST PEOPLE>>WE HAVE THE SMARTEST PEOPLE IN THE WORLD IN AMERICA. IN THE WORLD IN AMERICA. THE HEAD OF GOLDMAN SACHS. THE HEAD OF GOLDMAN SACHS. GET SOME OF THOSE FINANCIAL GUYS GET SOME OF THOSE FINANCIAL GUYS AND SURROUND YOURSELF WITH THEM AND SURROUND YOURSELF WITH THEM AND TRY TO MAKE A GOOD DEAL. AND TRY TO MAKE A GOOD DEAL.>>I GOT A FINAL QUESTION FOR>>I GOT A FINAL QUESTION FOR YOU OFF POLITICS. YOU OFF POLITICS. LAST QUESTION, WHAT’S THE LAST QUESTION, WHAT’S THE BIGGEST ADVICE YOU GIVE SOMEONE BIGGEST ADVICE YOU GIVE SOMEONE WATCHING ABOUT PERSONAL FINANCE, WATCHING ABOUT PERSONAL FINANCE, PERSONAL PLANNING HOW TO LIVE PERSONAL PLANNING HOW TO LIVE YOUR LIFE RESPONSIBLY. YOUR LIFE RESPONSIBLY.>>SO YOU KNOW, I WOULD SAY THE>>SO YOU KNOW, I WOULD SAY THE MOST IMPORTANT THING I WOULD SAY MOST IMPORTANT THING I WOULD SAY JUST NOT AN ANSWER TO YOUR JUST NOT AN ANSWER TO YOUR QUESTION IS. QUESTION IS.>>I LOVE THAT.>>I LOVE THAT.>>TO YOUNG PEOPLE, I WANT TO>>TO YOUNG PEOPLE, I WANT TO SAY, WHEN YOU GO TO WORK, TRY TO SAY, WHEN YOU GO TO WORK, TRY TO DO SOMETHING YOU LOVE DOING. DO SOMETHING YOU LOVE DOING. DON’T DO IT FOR THE MONEY. DON’T DO IT FOR THE MONEY. DO IT BECAUSE YOU LOVE DOING IT. DO IT BECAUSE YOU LOVE DOING IT.>>DON’T DO IT FOR THE PAPER.>>DON’T DO IT FOR THE PAPER.>>DON’T DO IT FOR THE MONEY.>>DON’T DO IT FOR THE MONEY. DO IT BECAUSE YOU LOVE DOING IT DO IT BECAUSE YOU LOVE DOING IT AND THE MONEY WILL FOLLOW

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About the Author: Oren Garnes

100 Comments

  1. Recession has already started, its to late. US Manufacturing and shipping is down, truckers are losing their jobs. 🙁

  2. Trump does what he does, he bullies people/countries. He bullied Mexico and Canada, because he could. But China, can't be bullied so easily, and he should have known that.

  3. The "stable genius" is our President and he's trying to help but….you can't believe a word he says! Other than that, he's great!

  4. The only thing that misguides DT is insatiable ego(that has to be fed 3-4 times a day) and his false sense of superiority(he thinks he is better than any one else in the world except for Putin and Kim Jung- un who he is desperate to emulate and frankly jealous of their autonomy). He tries desperately to repeat words he hears from other people(if he listens ) but can’t deliver a message with reflecting on his imaginary merits. Madden is carefully balancing on the tight rope and giving DT way too much credit and leeway. But he’s serious we he says his shoes will never be made in America. How much profit off the backs of cheap labor do you need?

  5. That's exactly what the media is doing trying to talk to people into a recession we are not in no recession we're not headed for a recession but the media is trumping it up because they don't want Trump in again and they're willing to go through a recession if that's what it takes to get rid of him

  6. Do what you love, the money will follow. Ladies and Gentlemam, I give you a prime example of Confirmation Bias. Here's some better advice…Never take advice from a successful person. Learn from people's mistakes, including your own.

  7. the economy forcast tarot cards https://www.youtube.com/watch?v=gBTDv6e_hRE&list=PLdCv6UuW-2rmBABKdJx3sDszBvL7lUT7p&index=12

  8. Isn't this a Republican talk point, that if the economy does well the deficit drops, by that measurement if the economy is doing that well the deficit should be 0 by now.

  9. If we hit a recession and you don’t think it’s trumps fault that would have to be the peak or cognitive dissonance…..it has to be lol

  10. The Trump watchers haven’t realized yet that Donald Trump is not only an extremely stable genius, he’s also one of the greatest improvisational musicians the world 🌎 has ever known…and if you think 🤔 it’s sour notes that you hear…you’re absolutely wrong—he’s simply playing it by ear.

  11. MSNBC should vet guests a little better — Madden, while a successful shoe manufacturer, has a very colorful criminal past for which he spent 3 years in Federal prison — including: pump in dump stock schemes, insider trading, issuing false and misleading company statements for the purpose of manipulating his stock price, plus money and securities fraud. He is also a self admitted recovering drug addict & alcoholic who was court mandated to a rehab program. All in all I would say he might want to look into a job at the White House — he seems to have all the necessary credentials

  12. Isn't Madden the guy in The Wolf Of Wall Street that made tons of money ripping of thousands of stock holders and walking off with 100's of millions for himself ?

  13. Ridiculous. Gosh MSNBC, who'd have thought? Surround Trump with Goldman Sachs advisers? Yeah, that's the problem . He doesn't represent corporate America enough. Madden just saying it like it is though. The shoes will never come back here in his mind. Unless we put incentives for making in America or punitive measures for exporting labor elsewhere. It's not even in their vocabulary now.

  14. Trump was a chaos candidate, now he is a chaos president. The economy is the current victim, and Putin is laughing at us every day.

  15. Yes, because ppl DECIDE to have recessions, they can be convinced into a recession. Holy crap, how does he have supporters.

  16. Marketing jobs, retail jobs …. the former can be all of 10 people, the latter can be thousands of minimum wage jobs selling crappy shoes. This guys Beyond biased! Unless things are made in your country, you lose all the skills and peripheral work that goes with building those shoes! This clown is the worst example of greedy unscrupulous American businessman who have screwed over the country for their own good this clown is the worst example of greedy unscrupulous American businessman who have screwed over the country for their own enrichment.

  17. Can't believe you brought this crackhead SM to talk about politics and US China trade war. He's one of the jerks who makes money making cheap shoes in China and selling them in US market, of course he's butthurt, cuz he's not making as much as he supposed to make before. He's kind of a jerk who's been ripping off US consumers…

  18. I can't believe I've actually thought about buying stuff that this guy has designed.   Obviously, this California designer – an Obama guy – wants to keep paying Chinese poor people vs. midwestern regular people to make his shoes.   He's saying he won't pay Americans.  Next stop Viet Nam, Africa, etc.  That's your call Steve, but your need to short change American labor doesn't make Trump a bad leader.  And of course Steve doesn't want to go back to a traditional SCOTUS.

  19. "Steve Madden…net worth of $120 million."
    "Donald Trump…net worth of $3.1 billion."
    Case closed.
    https://www.celebritynetworth.com/

  20. Steve Madden hires slave labor in China to make his shoes. Now he has to pay a 10% tax on his shoes. There is no environmental regulations in China. That is why the liberal Madden makes his shoes in China.

  21. Goldman Sacs executives are the last people a president should be asking for economic guidance–Wall Street, for that matter; they're responsible for The Great Recession.

  22. Interesting, he’s excusing trump on the exact accusations and decisions he alone made. He’s tweeting, the tariffs war and yet. It’s not trumps fault or even “ let’s not do something that can hurt the president” Jesus what is the American President today, a king or a dictator? Cus a democracy it surely ain’t and he certainly treated like a royalty.

  23. Stop asking WHY : he is a sociopath and they just act like that. The same way a dog barks, they lie, they flip flop, they gaslight.

  24. Yes Trump is a buffoon and evil but Madden made me angry too!! What does he mean his products will never be manufactured in the US????!!! I personally would be willing to pay double for "made in the USA"!! CEO's like him are part of the problem with wealth inequality…

  25. Sorry is time we stop business with China Steve stop making your product there help America bring its jobs back tariff 70% on all that comes here you will see them all running back American traders for the money

  26. At least I learn from him how big company think and again he doesn’t till you how China is getting ready to bite the hand that feasts them and trump is stepping up.

  27. This guy is Creasy he thinks this is about money haha this about power and the race for 5g he’s lost thinking he’s going to help when he doesn’t know the reason.

  28. I hate Trump, his policies, his lies, his flip-flops, has orange face, and everything else. That said, Mr. Madden here isn't saying anything particularly helpful or comprehensible either. Get a better guest next time.

  29. How about these news outlets find something new to report on? Trump terrible on economy.
    No kidding. Ya don't say…..
    Seriously, what happened to real news investigation? Find some dirt. I want info i didn't have before. Not the same headline crap every other outlet is yacking up.

  30. Fake-Tough Madden-Zionist lol. Let's test this all out….here is the simple test. We have all the recordings from these people on Trump. Now, have Trump come out and support Palestinians….THEN, let's watch the Zionists come out. Fill a hole with water and watch the dirt rise to escape.

  31. You're a boss.
    – yes
    Are you familiar with the term 'a boss'? You know
    – yes. Sometimes yeah
    a boss
    – yea
    yeah
    – yea
    ehm

    – Ari interviewing Koopa

  32. What do you know, yet another MSNBC host ruining an interview while simultaneously derailing the guest as they try and bridge a gap. keep up the great work guys. #TYT #Yang2020

  33. All this shows me is that he is a very confused and confounded on his policies and methods of
    Madness.none of it is makes any sense.

  34. dumb Donald wants a recession because he doesn't want to do this job any more….this way he can sit back and blame the "fake news", the liberals, or whoever he can come up with to blame…"see, its not my fault, its their fault"…because he has the mental capacity of a spoiled 12 year old

  35. Yes, clearly he's clueless on the economy. Today China agrees to negotiate on trade after Trump plays hardball. Madden, get in line with all the folks who've questioned Trump's value only to be proven dead wrong.

  36. I'm definitely not a MAGA cap wearing Trump fan. But in this one regard he's actually managed to blunder into doing the right thing in instigating a trade war with China. China has since WWII innovated very little. They instead steal. And they steal a prolific amount at an astonishing rate.

    They have zero respect for copyright and intellectual property rights. They routinely flood international markets with junk goods. The government of China is one of the largest counterfeiters of US currency in the world. There are hundreds of "Apple Stores" in China selling "Iphones" that have absolutely nothing to do with the American Apple Corporation. In terms of trade, they have always been a nation of bandits, liars and thieves. And they need to be brought to heel by the G7 countries and the rest of the world.

    So here's a novel and honest idea. Instead of news media trying to incite panic in the American people over a righteous trade war long overdue for no other reason than they're vehemently opposed to the guy sitting in the Oval Office, how about encouraging Americans to band together as a nation of people and get behind this war. Because it is a war. It simply lacks guns.

    The Chinese government has put millions of Americans out of work over the decades. Factories have shut down and entire American cities and states driven into poverty. Now they construct artificial islands in the South China Sea while declaring 1,400,000 square miles of open ocean to be their exclusive domain as a way to control and choke off major international shipping lanes. Steal, steal, steal.

    Pull your partisan butts out of your collective heads, American news media, and stop behaving as traitorous partisan hacks. Support you nation at war or considering applying for work at Russia Today. They're always looking for fellow travelers.

  37. PART 1 go to reply for PART 2 Make it expensive to outsource by raising tariffs to more than offset the costs of supporting a laid off worker. You want to outsource your manufacturing, then you will have to pay 4 to 5 times in terms of tariffs to more than equal that it costs to support a laid off worker which will be indexed to actual real costs of living in real time and we will impose very high tariffs in all imported outsourced manufactures so that you will be forced to sell them at a higher costs than a locally MADE IN AMERICA cars. If it costs $100,000.00 to support a laid off worker and his family every year then you will have to pay a tariff of $400,000.00 to $500,000.00 for every outsourced-imported car you want to sell in America. Local manufacturers however will be rewarded with a much lower corporate tax if they manufacture locally, integrate their manufacturing from locally extracted raw materials to the finished product, increase workers safety and benefits and wages/salaries, improving product safety quality and redesigning them to last as long as they exist (BY BANNING-OUTLAWING PLANNED OBSOLESCENCE AND REWARDING PLANNED PERMANENCE FOR ALL LOCALLY MANUFACTURED AMERICAN PRODUCTS AND MAKING IT MORE ECONOMICAL TO BUY AND USE MADE IN AMERICAN PRODUCTS BECAUSE OF EXTREMELY HIGH MILAGE, HIGH SAFETY QUALITY, ETC), re-invest in upgrading and retooling and re-engineering your manufacturing facilities, expanding your manufacturing base locally, automating around your workers-employees and reinvesting in them in a workers' and employees up-skills imparting educational and training programs for higher level technical jobs as time goes by and gaining more experience in the process WHILE USING THAT ONE PARTICULAR HUMAN ADVANTAGE OVER A MACHINE THAT EVEN A.I CAN NEVER ACHIVE WHICH IS "IN DEALING WITH THE UNEXPECTED" and following Henry Ford's policies of hiring, upgrading education and training, and turning their workers into customers of their own products and services, and many others, then and only then they will be rewarded with a much lower corporate tax.

    Some countries like Japan have laws that state that local companies can only sell to the local market with products manufactured inside the country. Any products manufactured overseas by that same company CANNOT be imported back into the country. This guarantees that companies can't exploit the system for their own benefit at the expense of the country that helped build them in the first place.

    And local manufacturers will be rewarded even further with a lower corporate tax if they fully integrate their manufacturing FROM LOCALLY MINED ORES TO THE FINISHED PRODUCT. Which is exactly what Henry Ford did and do what the Japanese did by automating around labor to achive labor flexibility and increased productivity and increased quality per man hour while increasing worker's safety and benefits and wages/salaries at the same time.

    And at the same time re-investing in workers' up-skills imparting education and training for higher level technical jobs as time goes by and gaining more experience in the process WHILE USING THAT ONE PARTICULAR HUMAN ADVANTAGE OVER A MACHINE THAT EVEN A.I CAN NEVER ACHIVE WHICH IS "IN DEALING WITH THE UNEXPECTED". The Japanese and Germans learned that wisdom in the 1980s and maintained it indefinitely in the 1990s and up to this present year of 2018.

    And impose laws making it mandatory to increase worker's safety while increasing quality which will also be one of the several conditions of being rewarded a lower corporate tax.

    Some countries like Japan have laws that state that local companies can only sell to the local market with products manufactured inside the country. Any products manufactured overseas by that same company CANNOT be imported back into the country. This guarantees that companies can't exploit the system for their own benefit at the expense of the country that helped build them in the first place.

    You manufacture locally, integrate your manufacturing from locally extracted raw materials to the finished product, increase workers safety and benefits and wages/salaries, re-invest in upgrading and retooling and re-engineering your manufacturing facilities, expanding your manufacturing base locally, automating around your workers-employees and reinvesting in them in a workers' and employees up-skills imparting educational and training programs for higher level technical jobs as time goes by and gaining more experience in the process WHILE USING THAT ONE PARTICULAR HUMAN ADVANTAGE OVER A MACHINE THAT EVEN A.I CAN NEVER ACHIVE WHICH IS "IN DEALING WITH THE UNEXPECTED" and following Henry Ford's policies of hiring, upgrading education and training, and turning your workers into customers of their own products and services, others, then and only then you will be rewarded with a much lower corporate tax.

  38. PART 1 go to reply for PART 2 https://www.youtube.com/watch?v=YtziMTRzPVM #Qanon #GreatAwakening #DeepStateGM Globalists Declare War on Trump's Base. They are doing a combined Hitler thing called THE CORPOTROCRACIES AND OLIGARCHIES LAST DITCH PLAN "BATTLE OF THE BULGE" AGAINST M.A.G.A. They are making massive sacrificial battles against President Trump's Nationalism Economics of Making America Great Again by artificially creating an economic crises against his electoral voting base WHICH IS YOU MY DEAR FELLOW AMERICANS so that they can artificially condition you and psychologically condition and brainwash you TRUMP VOTERS into going against President Trump in 2020.

    Some countries like Japan have laws that state that local companies can only sell to the local market with products manufactured inside the country. Any products manufactured overseas by that same company CANNOT be imported back into the country. This guarantees that companies can't exploit the system for their own benefit at the expense of the country that helped build them in the first place.

    Because GM and many TRAITOR AMERICAN CORPORATIONS are now creating artificial economic crises and shutdowns to create artificial unemployment for all Trump Voters for these Traitor-Treasonous American Corporations wants to destroy President Trump's political base and the best way they can do that is make you the Pro-Trump Voters artificially unemployed so that they can make you go against President Trump in 2020.

    Because many of these TRAITOR-TREASONOUS AMERICAN COMPANIES ARE PRO-HILLARY/-DNC/-GLOBALISTS WHO ARE AGAINST AMERICAN NATIONALISM AND ARE AGAINST AMERICAN FREEDOM OF INDEPENDENCE and the best way to destroy you Trump Voters is to make you unemployed so that they can psychologically condition and brainwash you WITH LIES THAT IT IS PRESIDENT TRUMP WHO MADE YOU UNEMPLOYED WHEN IT WAS THEM, THE TRAITOR-AMERICAN CORPORATIONS WHO MADE YOU ARTIFICIALLY UNEMPLOYED SO THAT THEY CAN MAKE YOU ANGRY AGAINST TRUMP AND PREVENT TRUMP FROM FINISHING HIS JOB OF RE-INDUSTRIALIZING AMERICA AGAIN COMPLETELY AND ATTAIN FULL EMPLOYMENT IN THE END BY PREVENTING HIM FROM HAVING A SECOND TERM!

    And once they have fooled you into believng their lies that it is President Trump who made you jobless so that they can make you go against him and prevent him from having a 2sd Term so that THEY CAN PREVENT HIM FROM finishING the job of making America FULLY RE-INDUSTRIALIZED AGAIN AND TO MAKE FULL EMPLOYMENT COMMON IN AMERICA AGAIN.

    The only way President Trump can do to stop them from creating ARTIFICIAL UNEMPLOYMENT AND ARTIFICIAL ECONOMIC PROBLEMS in order for them to create a series of artificially created fake economic crises which they can use to blame it on President Trump so that they can prevent him from finishing the job by preventing him from getting a 2sd Term to finish the job of making America 100% fully industrialized again with full employment is for President Trump to systematically strike back at them by making them pay back what was given to them, impose high tariffs for everything that they outsourced and then importing back so that these high tariff taxes can be used to compensate for your artificially created unemployment. By imposing very high corporate taxes for all traitor American corporations who are outsourcing so that these corporate taxes will also be used to annually compensate the laid off workers on a monthly, quarterly, and annual basis.

    And try to look at the bigger picture that this is a war not just of economics but of ideologies between Pro-American Nationalism MAGA against the evil Traitor American Corporations' EVIL PRO-GLOBALISM TO ECONOMICALLY DOMINATE AND CONTROL YOU NOT AS A FREE WORKER BUT A WORKER WITHOUT RIGHTS AND FREEDOMS AND WITHOUT HUMAN RIGHTS WHATSOEVER. And this is what President Trump is fighting all along FOR HE IS A BUSINESSMAN AND HE SEES THE WHOLE PICTURE OF WHAT REALLY US GOING ON AND THEY, THE TRAITOR AMERICAN CORPORATIONS WHO HAS NO LOYALTY TO AMERICA AND TO THE U.S CONSTITUTION WHICH THEY HATE SO MUCH THAT THEY ARE WILLING TO MAKE HUGE FINANCIAL SACRIFICES AND LOSSES IN ORDER TO PUSH THEIR ANTI-AMERICAN HUMAN FREEDOMS AND ANTI-AMERICAN HUMAN RIGHTS AGENDAS AGAINST THE AMERICAN WORKERS!

    This is now their last of a series of their version of "BATTLE OF THE BULGE" and this time President Trump is fighting the world for you, the American worker. This war by the Traitor American Corporations started when President Trump started making American jobs to start coming back and they are scared of President Trump's successes in getting American jobs back in America.

    And the response of one of these Traitor/Pro-Globalist/Anti-American Workers' Freedoms TREASONOUS AMERICAN CORPORATIONS DID IS TO CREATE AN ARTIFICIAL ECONOMIC CRISES WHICH THEY HAVE ENGINEERED BY DELIBERATELY SABOTAGING THEIR INDUSTRIAL QUALITY CONTROLS AND INDUSTRIAL SAFETY CONTROLS SO AS TO CREATE AN ARTIFICIAL ECONOMIC CRISES CALLED "LOWER SALES" AND THIS LOWER SALES IS DELIBERATELY CREATED THROUGH THE SABOTAGE OF INDUSTRIAL QUALITY AND SAFETY CONTROLS.

    AND THEN THEY WILL USE THIS ARTIFICIALLY CREATED LOWER SALES AND RECALLS AS A REASON TO ANNOUNCE AN ARTIFICIALLY CREATED ECONOMIC CRISES AND THEN THEY WILL USE THIS ARTIFICIAL ECONOMIC CRISES AS AN EXCUSE TO SHUTDOWN THEIR FACTORIES. And then they will create an artificial unemployment with those artificial excuses of theirs and then use that to be blame on President Trump so that they can psychologically condition and brainwashed the unemployed works who were deliberately made jobless by GM's artificially created unemployment to go against President Trump so that they can push their ANTI-AMERICAN/ANTI-AMERICAN FREEDOM/ANTI-AMERICAN HUMAN RIGHTS/ANTI-U.S CONSTITUTION/ANTI-AMERICAN NATIONALISTIC AGENDA/ANTI-PRESIDENT TRUMP'S NATIONALISM PRO-GLOBALIST AGENDA THAT WILL STRIP ALL AMERICAN WORKERS OF THEIR EMPLOYMEN RIGHTS AND EMPLOYMENT BENEFITS ONCE THEY HAVE PSYCHOLOGICALLY CONDITIONED AND BRAINWASHED YOU AMERICAN WORKERS WHO WERE MADE ARTIFICIALLY UNEMPLOYED BY GM TO GO AGAINST PRESIDENT TRUMP AND USE YOU IN YOUR PSYCHOLOGICALLY CONDITIONED AND BRAINWASHED STATE TO PREVENT HIM FROM HAVING A 2SD TERM THAT WILL ALLOW HIM TO FINISH THE JOB OF MAKING AMERICA FULLY INDUSTRIALIZED AGAIN WITH FULL EMPLOYMENT JUST LIKE WHAT YOUR
    GREAT-GRANDPARENTS ONCE ENJOYED DURING THE 1950S UP TO THE EARLY 1960S.

    So my dear fellow Americans, especially the formerly employed and not artificially unemployed GM workers, please look at the whole picture and try to realized that YOU ARE A VICTIM OF GM's deliberate economic sabotage against President Trump because they are afraid that once America has achived full employment just like in the 1950s, then their ANTI-AMERICAN globalist agenda of reducing all American workers into workers WITHOUT WORKERS RIGHTS AND WITHOUT WORKERS FREEDOMS AND WITHOUT WORKERS BENEFITS AND WITHOUT FAMILY FREEDOMS, ETC will be destroyed, and GM is one of the traitors who made you GM workers artificially unemployed in order for them to make use of you as unaware puppets being manipulated by GM and by many other Traitorous American Corporations-Globalists so that they can use you as sacrificial lambs against President Trump. Because if they, the treasonous-traitor American corporations-globalists won by making you go against President Trump in order to prevent him from having a 2sd Term in order to prevent him from finishing the job of making America 100% fully industrialized again and with full employment, then you American workers will be the next targets of these Treasonous-Traitorous American Gloalist Corporations and one of them is GM and many others like GM. I ALREADY HAD THIS GUY Steve Madden CHECKED OUT AND WHO ARE HIS CONNECTIONS AND IF HE KNOWS THE TRUE MEANING OF THE WORD HISTOGRAM (NOT FROM THE INTERNET BUT FROM BOOKS PRINTED IN THE 1970s, 1960s, 1950s, 1940s, 1930s, 1920s, 1910s, 1900s, etc. A histogram is a word term saying and stating and showing the history of events happening from present to the past and the mathematical statistics and real time figures, real time locations, real time statistics, real time circumstances involved, and real time situations or situationers involved.

  39. Listening to Trump speak about anything, especially the economy, is sort of like watching a trout flop around on the pier after falling off the lure. You know where he's trying to go, you just don't know how long he's going to flop around or if he'll ever end up where he's trying to go.

  40. Things change Hour by hour he's done absolutely fabulous job so far and bringing this country back from the brink! Trump will be president until 2024 the crowds don't lie!

  41. Trump knows more about money than any number of people you pick for your entertainment show.. you are a nothing burger.

  42. These days, 99% of shoes sold in the U.S. are imported, many of them from China, Vietnam and Indonesia. China's share has declined in recent years, but it remains a key source of America's shoes and shoe parts. That's why some U.S. footwear companies have been loud opponents of Trump's threat of more tariffs for almost everything imported from China.

    "We'd love to make shoes in the United States," Steve Madden CEO Ed Rosenfeld told NPR. But "it's very hard to envision a scenario where we'd make the types of products that we make, at the prices that we make them, in the United States."

  43. I bet he has a lot invested in foreign countries! He's having trouble talking,! Where do you put the batteries in this guy!

  44. Trump is in a tough spot. He started something with china he can't win…but he can't back down either because of his fragile ego, and the backlash from his base. I kind of feel bad for him

  45. yet, he press on more of rate cute… maybe next week, he will have payroll tax cut. there is differences between deal maker and bidding. Trump is bidding huge on trade war with China, which Trump keep blinking

  46. I know who the clueless are, I watched 5 minutes of this numb skull network and took it out of my TV lineup. They are just as bad as CNN for a useless waste of air time. These Jack Boot News Media folks are leading the Blind Sheep American Voters over the CLIFF with their Bull Pucky! So many Idiots listened to them America is becoming a third World nation like Mexico Slums.

  47. This scenario of trump remind me of Titanic, country is like a ship, we the people are the crew recession is the iceberg, will you know what's gonna happen

  48. Does Trump realize that when he stands sideways he looks 3 times more obese. Of course, besides being an imbecile.

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