| Time | Text |
|---|---|
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The Cost of Free Trade
00:01:54
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| What was the cost of free trade? | |
| America lost its human capital. | |
| And if you want to understand the value of human capital is Germany and Japan devastated post-World War II, very industrial societies. | |
| The Marshall Plan for Germany built their economy up again because they had the human capital, the knowledge to rebuild the manufacturing industry there. | |
| You know, if they had a bunch of lawyers and accountants and no manufacturers, they probably wouldn't be a top five world economy after World War II. | |
| The cultural perception of the manufacturing industry has to be changed by government marketing. | |
| The government marketed for COVID and monkeypox awareness. | |
| I think every high schooler in America should read my book. | |
| I wrote it for them. | |
| I wrote it to let them know there's another pathway. | |
| There's another choice on the menu of life besides go to college, get 60 grand in debt, don't start earning money for five years after high school, go get a low-paid internship. | |
| I think there should be an economic study where if you get involved in the manufacturing industry, I know 18, 19 year old guys making 50, 60 grand in the manufacturing industry, running half a million dollar machines, make another 10 or 20 grand a year doing overtime, no college debt. | |
| How does these lives look different in 30 years as opposed to getting a communications degree and working as an intern? | |
| And it's really interesting. | |
| 50% of Americans with a college degree enter the workforce at a high school labor level. | |
| So I find that the degreed class is oversaturated. | |
| There's too many cooks, chefs, head chefs. | |
| Everybody wants to be Gordon Ramsey. | |
| Too many Gordon Ramseys in the kitchen and not enough sous chefs and line cooks and dishwashers. | |
| And we need to start to build the manufacturing industry up in our culture. | |