It's all about tariffs today, but Jesse doesn't know what to make of it

thoughts on it. People are pro tariffs, they're against tariffs, all these other things. Can companies actually move away from making communists filth from doing commed things? We'll discuss that fifty percent of the job cuts or federal worker jobs. That's awesome. Democrats continue to commit parties, suicide, All that and so much more coming up up on the world famous Jesse Kelly Show. And yes, of course I already mentioned it. Tomorrow is asked Doctor Jesse Friday. Ask me anything.

Get your questions emailed in right now to Jesse at Jesse kellyshow dot com. Now let's talk I know every single headline has been about tariffs today. I know, even though I haven't watched anything or listen anything, I'd be willing to bet everything you've heard is, oh, my gosh, these tariffs. This is the greatest thing ever. We've got to do this, We've got to save America. Or oh, these tariffs are the worst thing ever. We're all gonna die.

I know what you've seen all day long. Trump's out there saying this.

have a small village, our one hundred person village. We have a small village, and over the last fifty years, we've watched our small, one hundred person village in the middle of Africa. We've watched did it really fall into a state of disrepair? My dad, his dad and his dad before him, they raised cattle. Now all the cattle are gone, the fences are broken down. In fact, the family business had to shudder. Now we've moved on to do other things. The buildings aren't as shiny and nice

in our little village. The sheds are following down. It's noticeably worse in our village than it was fifty years ago. So somebody, somebody comes up with this proposal. Hey, I have an idea. Let's only elect left handed people to run the village and see if they can turn things around. Now, pause for a moment. It's perfectly legitimate if you're part of that village to question the sanity of electing only

left handed people people. You have every single right to stay Well, wait a minute, how does that solve anything. I know things are bad, but that doesn't seem like it's an actual solution to the problem. I don't know. That is perfectly within your rights. If you're sitting there today saying I'm uncomfortable with the tariffs. I don't know where we're gonna go here. I don't want my life to be more expected expensive. I don't like this. That is a perfectly reasonable argument to have good for you

have your opinion. Also, it is a perfectly reasonable argument to make that, well, whatever we've been doing in the village wasn't working before. The village used to be this. We used to have a cattle industry. Now we don't have that anymore. Now the buildings are falling down. Something has to change. That is a perfectly reasonable argument in favor of tariffs. If you are one of these people who says, I grew up in West Virginia, I grew

up in Weirton. I grew up and the steel mill that used to be there that kept the town alive. You either worked directly for the steel mill or you worked for one of the companies that was adjacent to the steel mill. The little diner right by the steel mill, that's where everyone ate. The steel mill closed. The diner's gone. The local school we used to have a good school. Now that the steel mill is gone, the tax dollars aren't coming into the community. The school sucks. It's a disaster.

It's perfectly reasonable if you've watched that happen to weird in West Virginia, to step up and say this isn't good and what happened here is bad, and we need to go back to a time where we had a plant in this town where you could get a good job with a high school diploma, a job that would provide for you and your family and your children after you. That is perfectly reasonable to want something like that. It is reasonable. Whatever your argument is, it is reasonable. Here

are two arguments that don't wash at all. The first argument is this, well, it's not a problem. That's something the laptop class says. That's something people who do finance for a living say, Well, I don't care about the steel mill whatever, what's the big deal. I grew up in the rust belt. We are rust belt construction people. It may not be a big deal in Manhattan. It's a big deal there, and it affects lives, It destroys lives.

And look, even if you don't have an ounce of empathy for the communities that have turned into rust belt drugged out communities. And yes, the drugs are so pervasive now because poverty and it is just a disaster. Even if you don't have any sympathy for them, well, they need to get better jobs. Even if that's the way you're putting it for purely national security reasons, it's a

big deal that we don't make things here anymore. It's a big deal that our mortal enemy China, remember China, They're not shy about the competitive nature of our relationship. China publishes papers publicly that say, hey, we intend to supplant America as number one in the world. We intend to be the number one global power. China has published this. They are honest about this. And we've looked across the Pacific Ocean at that country that feels that way about us,

and we sent them all of our manufacturing jobs. They make all of our pharmaceutical stuff. That's not good. That's it's not good. So you what you cannot do. You can look at these rusted out towns where we used to make things and provide great jobs and say, no, big deal. That doesn't wash with me. And on the flip side of that, what you can't do. What a ridiculous argument is is well, this is just because we don't have tariffs enough. That's not true at all. You

can argue tariffs will help. That's again very reasonable argument to make tariffs will help bring them back. But the lack of tariffs is far from being the only reason weird in West Virginia. Isn't what we're in West Virginia used to be. See, there are a lot of good arguments to make on both sides of this, and the truth is we won't know. You won't know, and I

won't know for quite some time. One day, one dip in the stock market, that doesn't mean anything in the long term, saying it's meaningless, but one day we don't know, the global markets are going to react negatively to change. Will this work? I don't know. Trump's presidency probably rests on it as far as how he's thought of. If this drives the economy into the side of a mountain, it's not gonna be good. If it does revitalize our manufacturing sector, it will, and nobody knows. Now we have

a huge show. I'm gonna do a bunch of emails. I wanna I'm gonna stop talking about this, but we will. Look, let's just address France real quick. Next the Jesse Kelly Show on a spectacular Thursday, just talking a little bit of tariffs here and and I'm gonna talk about as it pertains to Europe and the rest of the world here In just a moment, I did get this email, So I'm about to about to ease your mind on

something this one. This guy says Jesse, I'm interested in what Carol Roth was saying and your second segment on April seconds. I'm right, it confused me more. I'll listen again. But our country's not ripping us off. Okay. I had, you know Carol Roth, she always comes on the show. Whatever she does, come on the show. She talks to economics with us. I had Carol on my TV show yesterday.

I got a bunch of emails about the things Carol was saying, and I sat down and thought to myself before the show, I thought, well, I need to elaborate on what Carol was saying. And then I thought, well, that's stupid. Why don't just get Carol to elaborate on what Carol was saying. So Carol Roth is going to join us in ten minutes from now. She has many, many, many thoughts on these tariffs. She obviously is quite educated on the economy and how things work. Well, hear what

Carol has to say. I don't need to interpret it for you. Carol is going to come interpret it for herself, although I guess that wouldn't be interpreting it. I went to community college. Either way. McCrone French President Emmanuel Macrone. He's upset about the tariffs coming down. In fact, virtually the entire European Union is. Macrone called the tariffs and I quote brutal and unfounded. He called for a suspension

of investment in the United States of America. Quote what would what would be the message of big European actors invest billions of euros in the US economy and at the very or at the very moment they're hitting us. So here's what I find funny about this. This is actually not gonna be about tariffs. Here's what I find funny. It seems like, well, you know what, pass I'll go. I'm gonna switch stories here. It's the same story. I'll

come back to it. I had a buddy. I say I had because I haven't talked to him in ten years. He was more of a childhood friend. But I had a buddy in He was half Mexican, dad was white, Mom was Mexican, and he loved, absolutely adored jokes about Mexicans. You know, funny racist jokes about Mexicans. He loved them. It was his favorite thing in the world. And he was a cowboys family. There were cowboys, they were all cowboys. He also loved, absolutely loved going to Mexican cookouts, hanging

out with his mom's family, gigantic Mexican events. And we used to joke with him. I remember we were joking with him hard one time because he said some racist joke about Mexicans, and we said to him, you know, it really seems like you're only Mexican when it's convenient when you want to tell a good Mexican joke. You're white when it's convenient, and you're Mexican when it's convenient. And he got the biggest smile on his face and

he's like, yeah, that's pretty much true. You swoop it out of being a Mexican, right, Sometimes you're Mexican and sometimes you're white. Does it occur to you that Europe seems to do this with their nationality and patriotism all the time. They're always well, no, this is for France, this is for Germany, this is what's best for Germans. But when it comes to the United States of America, we get quotes like this from Macrone quote, well, what

would be the message if European actors? You're French, do you speak for all of Europe? Now? I feel like the Europeans they tend to act like Europe is one country when it's convenient, and when it's not, they dump that whole thing. Well, this is all about us here in Belgium. That's one too. My actual point on all this is it does feel like we are changing our relationships with the entire planet, and a lot of people,

really myself included, would say it's time. It's time. For a long time, really, since World War Two, our relationship with Europe has been we protect you. That's been our relationship. And I'm not actually dismissive of the European economic situation. I realize we are trading partners with them, and there's all kinds of collaboration. I'm not naive. I understand we collaborate on this, and we have this military base here, and I get that there's some collaboration, but the basic

understanding has been since World War Two. Remember, we helped rebuild Europe hugely. We helped rebuild Europe. The United States of America, our military, our might, we will guard Europe. And it's not that we get nothing in return, but we don't get that much. And all of Europe, because this has been what eighty years, all of Europe has been understandably conditioned to this. No different than people on welfare. How hard it is to get people off of welfare.

Once you get used to getting paid for not working on that, Once that gets into your bones, it's hard to make adjustments. You know, we have families out And talked to a buddy one time about a bad neighborhood here in Houston. He said, you realize there are families here. They're on their fourth generation of never having a job. Mom never had one, Dad never had one, Grandpa never had one. Great just fourth generation. You don't get a job, you go get welfare. Europe has been on America's welfare

for a long time. They've understandably gotten very, very used to it. They want that to continue, and so when anybody threatens to take them off, it sounds what did he say, brutal and unfound anyway, I just found that entertaining. Let's talk to Carol Ross, see what she thinks about all these things. She has many thoughts before we get to Carol, and then we'll move on. We'll do emails and other stuff. I'm gonna talk to you about hiring. I know how hard it is to find a good employee.

I have two people, two people who I work with here in the studio, both of them totally mediocre. That's why zip recruiter exists. So you you don't need a Chris, you don't need a Corey. You need somebody decent. Zip recruiter has something called zip Intro. You'll get a quick video conference, back to back video calls, I should say,

with potential candidates. So honestly, if you ever met Chris, even by video, and it would take you thirty seconds to completely dismiss him as a prospective employee, saving yourself the headache that I go through every every day. And did you know you try zip intro for free at ZipRecruiter dot com slash Jesse ZipRecruiter dot com slash Jesse zip intro. It essentially lets you speed date employees. Don't make the mistake I made, all right, Carol Roth. Next

it is the Jesse Kelly's show. Gosh, that makes me go back to my childhood. Joining me now as promised is the great Carol Roth. Obviously I don't even really have to introduce her on this show anymore. She knows about the economy. She writes amazing books. Also, she I'm about to yell at her about this, is giving out a free economic newsletter at Carolroth dot com slash news. Carol, what kind of a what kind of a person gives out a free newsletter? Charge people for that?

the border and whatnot. That people were looking to Trump to stabilize things. They were looking for him to stabilized prices, to provide certainty, to create that optimism, to create deregulation, to create incentives, to create uh, you know, make the tax cuts permanent, all of those things, to spur growth

in a very clear, dynamic way. And so I think that part of the reason why people are so upset is that, you know, they were hoping that maybe that would happen first and we would be able to see some of that growth before we start, you know, putting things on that are frankly disincentives. You know, a tariff is attack, it's a disincentive. So they were hoping things

would go in a different direction. I think the other issue is that many people were hoping his approach would be more surgical because I think most of us could agree that there are certain areas that we have to have locked and loaded in the United States, areas that pertain to defense manufacturing and critical components of supply chain and pharmaceuticals that it makes sense to have in the United States now, to the extent we don't have them already,

that is not going to spring up overnight, and so we need some sort of a transition plan. And when we have a situation where we just have broad based tariffs that are introduced yesterday is reciprocal even though that's not what the math actually worked out to be. That is done without thought to what that means for small business owners and others that don't have the runway to look out five or ten years on the manufacturing plan.

I think that's the frustration. It's feeling very chaotic, and it could have been done in a better way, with better choreography and better communication to achieve the objective. So it's not so much that anybody's rooting against what President Trump is doing. It's how this has come into effect.

and we're not mirroring. Mirroring that's a hard word. Actually, we're not doing the same tariffs they're doing for the most part.

and so we're going to charge them x percent. That didn't happen. They came up with some crazy calculation that was the trade and balance divided by imports and then they took fifty percent of that as a reciprocal tariff, which, in no way, shape or form in any economic sphere does that even make any sense, let alone meet the

definition of reciprocal. And it also had a ten percent floor, so even if you weren't charging US tariffs, you were getting ten percent, or if we had a trade surplus with you, then even if you were charging us a lot more, you got charged to ten percent. So that's another thing. It doesn't instill a lot of confidence in this particular tactic when you go back to what being said and you try to do the map, and I think it goes back to some of the issues with

the communication and the conflicts. You know, you hear people saying, well, the tariffs are going to make us wealthy, but we're just looking for parity. Well, you can't have both of those. Oh, they're going to make us wealthy, but we're bringing manufacturing back from the United States so that we're not buying these things abroad. Well, those two things are in conflict. We need a weaker dollar, but tariffs over time typically will strengthen those dollars. Like that doesn't make any sense.

So unfortunately, the things that are being said, whether their art of the deal or not, are in conflict. And people are really focused on this because they don't understand it and they want to understand it, and it's just not adding up. The math is not mathing.

And yesterday what happened to companies all across the board is that companies who have been trying to decouple from China because we said we have to stop with our dependence on China and have moved their supply chains to Vietnam and sit India and wherever else. Have now been told, by the way, you're going to pay a forty three percent tariff on whatever it is you're making, so whether

it's Nike or restoration hardware. It was actually having an earnings call in the middle of this announcement and the absolutely lost his mind because only fourteen percent of what they make is made in America. These companies are realizing that it's just not tenable. And I know there are probably people listening to this and saying, well, we want manufacturing made in America, and I agree with you, but

factories don't happen overnight. There's a lot of regulation. There are certain things because of our regulatory environment and our cost of labor and our cost of energy, that we never can make in America. So instead of going out and making these decisions in a measured manner, allowing these companies to come up with strategy and plan, they've just been hit over the head and nobody can react to that in a positive way. So the market is really

reflecting that. It's also reflecting just they brought a concern that this is going to create a recessionary environment for the same reasons we're talking about. Uh, and that's why you're seeing the flight to safety. You're seeing some of the investors go into treasury bonds on your term treasury bonds go into things like gold and the like. So it's uh, you know, it's creating a lot of concerns. And it's not just Wall Street, it's also main street.

It's also the amount of taxes that we collect. So again, I know that there's not a lot of sympathy. Okay, well the market went down, boohoo, you're four one K. But it flows through everything and this is not good for the country to have this level of uncertainty and pessimism because that becomes very self fulfilling.

or this policy or this terraf for this tax. You know what countries are hoovering up now. Instead of buying our debt, they're buying gold. China's stacking it up like cord would do what everyone else is doing right now and get some gold in your retirement so if things continue to go bad, you'll be protected. If things go good, you'll still be fine.

now to Jesse at Jesse Kellyshow dot com. They're already rolling in and stacking up let's let's clear some out here, shall we. Jesse. I just started out to listening to you. I heard one of your listeners was a January sixth guy. I was a January sixth guy. It's great to be out. I've lost everything, my dog, my belongings. Jesse. I did not step one foot in the Capitol. The FBI came to my door. Jesse. As a former marine, I'm very disappointed in my country. I just wish I had my

dog back. I uh. I screamed about the January sixth political protesters for a long time. Not Johnny come lately to this. They have always been on my heart for a few different reasons. Probably the main reason is I really I just have something against powerless people being smashed and bullied. I despise it. I despise evil governments, evil

secret police agencies. I despise them. And it's obvious to anybody paying attention whether you think the government did January sixth, as in they organized it or just simply took advantage of January sixth, it's obvious to communists inside of our government, inside of our Justice Department, used it as an excuse to hurt their political opponents. That's obviously what they did. And then they bragged about it while they did it,

and they promised to do more of it. But all that everything I just said, it misses the human element of it, doesn't it. I mean, it's statistics, it's a story, it's a headline. It's but here's a guy didn't even step foot in the building. All he wants is his dog back, had his life wrecked. FBI came to his house, wrecked his life. Man, think if that's Fred, one of that big fluffy moron would be It hurts think about that, doesn't it? And look, this guy lost his dog, and

I'm not dismissive of that. But people lost loved ones, spouse's, girlfriend's, boyfriends, kids, families, shattered careers. You know, if you work for a big corporation or even a small one, really they don't want to be associated with the political a felon something like that, so they dump you. Remember the guy yesterday worked his butt off, wanted to be an EMT, can't get that job now. And these lives that are ruined are ruined,

meaning it's not that they were ruined. And now that Trump got in there and pardoned everybody everything's hunky dory. Everything is not hunky dory. What the Communists did in a million different ways, not just the January sixth people, is really really sick and evil. It's really evil. And these are real people, real men and women, who had their lives wrecked. And what drove me crazy, what drove

me nuts. If you've listened to the show for a long time, you know I'm telling the truth about this is for the longest time, nobody cared in American politics. There were very very few people who spoke out and spoke up on behalf of the little people who were being smashed by the government, including on the right, most of the right, ninety nine percent of the right wouldn't say anything. Yeah, once Trump started running for office again, the January sixth People got real convenient to politic on.

But it was real lonely in the January sixth wilderness there for about two years. And I just can't stand it, man, I can't stand it. Injustice like that gets to me to no end, which actually brings me to this story. Jesse, could you please bring up the awful story of Austin Metcalf had happened right in Texas this week I am a current public school employee. Please don't say my name. In case you haven't seen this story, I would recommend

not looking it up. This took place in Frisco, Texas, and when I first moved to Texas, that's where I moved. I lived in Frisco, Texas and it was a wonderful, very safe town. And a seventeen year old kid with a twin brother, four point zero student athlete, gets in a little verbal altercation at a track meet with some other kid who wasn't from their school. Came and sat in their tent and he said, hey, man, this isn't

your area. You need to leave. And I don't know word for word what was said, but I know the other kid pulled out a knife, stabbed this seventeen year old boy in the throat, and his twin brother held him as he bled to death. I'll be honest. My wife brought up this story to me first thing this morning when I was waking up. She was up before me, and she came in and she was just greeting me, kissing me in a good morning, and we were talking and things like that, and I actually had to apologize

to her. I texted her Not long before the show started, I texted her in apology because I actually snapped at her. She was talking to me about the story, and it was so horrible, and all I could picture were my boys. You know, they go to track meets. My kids are in track my kids. Could that could happen anything to any one of my boys, or your girls or your boys.

It hit me so hard, and it was first thing in the morning that I've fled out, told her I don't want to talk about this anymore, and I just got up and I away, just let out snap that or that's how, that's how heartbreaking. I find this whole thing, and I can't make sense of it. For you, It's awful. Do you know? Only thing I'm gonna say about this is say a prayer for the Metcalf family. They need prayer. Unimaginable sorrow and grief they're going through now. I lost

my dad almost six months ago. I still grieve hard comes in waves. Some days I'm okay, some days I just get I don't even want to get out of bed. It just it's the way grief works, right. This is a seventeen year old boy with his whole life ahead of him. And by the sounds of things, he was gonna be one of those people that really made the world better, not worse, and taken away by some animal prayer. That's what the family needs. That's all I'm gonna say

about this whole thing. The family needs prayer. It's a frightening world out there, all right, all right, Well that was heavy. Gosh, that was a heavy segment. It was too heavy, Chris, you know how heavy you were. It is as heavy as tin boxes that you might be moving. This has been a podcast from wor