tv Wall Street Week FOX Business December 10, 2016 12:00am-12:31am EST
him that this very moment, treasurer. >> michigan state, right? which do i like? i won't say it sounded like ohio state, we'll say it that way. [booing] >> but so the polls close and they go live. i'm hearing that texas is close, i'm getting all these horrible calls from my kids, from jared, everything, too bad, dad, they had me written off, the polls. i said to ivanka, i said, you know, honey, i may have lost. it was going to be an early evening. they didn't realize it was going to be an early evening for us. [cheers] even though they refused to call it. it should have been an early evening, but they refused. but i said but i left nothing out there. i felt so good because, again, i was getting this news which
sounded like it was over, and i said, and i said, it's like a team, i left nothing out there. i couldn't have worked harder. i couldn't have worked. that month we outworked everybody that ever ran for office. all right? nobody ever ran for office that worked harder. so i was okay with it, you know? i was okay, i wouldn't say i was great. i wouldn't say i was thrilled, but i was okay and then the polls closed and now we get the real numbers. that's when ohio came in. i love ohio. they were so great. i know you have a little competition, but that's all right. they were so great. and that's when iowa came. in ten points, that never happens. won almost every single county and won counties that haven't been won since the 50s. and i hear the states in play, texas. we have breaking news, donald trump has won the state of
texas. [cheers] and i couldn't understand it, when i went to texas, we had these massive auditoriums and stadiums that were packed with people. lines that were 20 blocks long. you couldn't get in. thousands of people left outside, so i won texas, but they said it was going to be close, and it was a landslide. then they have another one, georgia, they used the word in play, in play means it could go either way. donald trump, breaking news. donald trump has won the state of georgia, right? this is like in the first two seconds. this is the one that they're saying, for two months,eorgia is inplay, texas, okay. that's done. great states. then they have this character that nobody ever heard of before from utah. i love utah. and they had him tied with me,
and beating hillary. and i said who the hell is this guy? [laughter] and as a republican, you never lose your touch. hate to say it, but has anyone ever lost utah? so they said utah is in play, for months, and they talked about this guy, and i mean i looked at him i said, is he going to beat me? that guy? where does he come from? who is he? who is he? what's he doing, if he wins, we louse up the supreme court of the united states. what's he doing, this guy? right after texas, breaking news! donald trump has won the state of utah! [cheers] like what? by 25 points! and by the way, in all fairness, hillary came in second and this guy that nobody heard of, he fell off the
planet. [ laughter ] so we won all these states. but then, and a person said to me, very important person, who i actually get along with very well said when did you think you one? i said no, when did you think that you guys lost? [laughter] and they said, well, florida was looking okay, and all of a sudden, but they hadn't counted the panhandle. that panhandle, boy, what was it, like 91% or something. [cheers] those are great people. workers. we're doing well in florida and they weren't liking those numbers, we're even, even, even, hadn't gotten to the panhandle. and all of a sudden, all of a sudden -- breaking news, donald trump won the state of florida by a lot. by a lot. [cheers] and then we just went right up that coastline, right?
we won south carolina and then a big one because they put all of their eggs into one basket and they said they were interviewing people on television from the other side, you just lost florida. guy said, well, we're a little disappointed but we have no problem because north carolina is our fire wall. he can't win north carolina, can't happen. two minutes later. we have breaking news. donald trump has won the state of north carolina. [cheers] big league. big. we won it big. and you know i knew they had problems because they took the convention center, and i just took a ballroom. you know, if i lost, i don't want a big room, i want to say thanks, everybody, see you next time. i'm outta here. i don't want to have. but they spent like $7 million on fireworks in the east river.
so they had the ballroom and they spent a tremendous -- millions and millions on this massive fireworks display, the big barges on the river, and that was about a month before the election. but three days before the election, they canceled the fireworks. i said that's a good signal. [laughter] >> i said is it supposed to be inclement weather? and we checked and they said actually it's beautiful, a beautiful night. i said why did they cancel the fireworks? and they were in for a lot, like 7 million. they raised, i think they spent 2.2 billion. i get no credit, they spent 2.2 billion. i spent a little more than 300 million. mr. devos, mr. devos, senior, will tell you, in the old days you get credit if you spent less. and they used to say she spent more money, he's up by one point. she spent more money like it's
good. it's bad. if you can spend less money and win, it's good. we got to remember, it's good, not bad. [cheers] so when i heard they spent 7 million on the fireworks and i didn't know if we were going to win or lose, i was feeling good. we sent them over just a nice verbal statement. we will offer you five cents on the dollar for the fireworks, because it was only a few days. [applause] >> they never responded. i thought i could buy the fireworks cheap! just like i don't want to buy an airplane for $4 billion, okay? [cheers] i don't want to buy it. even if i don't get to use it. who the hell cares, i'm not paying 4 billion for an airplane. so -- so we had an amazing
night. >> trump! trump! trump! [chanting] thank you. they forgot about you people. in four years, they're not going to forget but it's not going to work, because you're not going to forget. so we just went up and it was amazing and on top of it we won michigan, which these folks have done such an unbelievable job. ronald mcdaniel, what a good job you and your people have done, an incredible job. and then we won wisconsin, which was so incredible. that one, we weren't expecting necessarily, and it came into incredible people. hard working, wonderful people, d it was over. it was an amazing experience, and winning pennsylvania, you know, pennsylvania for 38 years, just they didn't win it. and it was always the one that got away, every republican
said, every republican, we're going to win pennsylvania. and it never happened. they say the bride that got away, right? it never, ever happened. everybody said they're going to win it. not only did they not win it, they lost it big. so i felt so good in pennsylvania. every time. we would have the massive crowds, signs on everybody's lawn. the trump-pence sign. by the way, how good is governor mike pence, soon-to-be vice president mike pence. what a good choice. what a good choice. he's been great. he is a great guy, but i want to just say thank you to mike pence, he's been amazing. so it's been an incredible experience, i just say, but pennsylvania, when we won that, that was -- they could have called it around 12:00 or 11:30 or 11:00, and remember the screen, remember the states? and boy, the red was starting to get big!
boy, that was getting to be really a lot of red. remember before the night, there is no path to 270, and you know the amazing thing about the electoral college is that you stop at all these states. i was going all over the place. i was stopping at states, and many ways i'd rather have it the other way. it's easier, you campaign in new york and you campaign in california, you stop in florida and texas and it's all easy. but this does get you. i was never as much a fan. this gets to you stop at states that you're not going to stop in, and that's what our founders had in mind, and that's what people had in mind. it's an amazing thing. really is. [cheers] i went to maine. i went to maine four times. four times to maine. for one, i needed one, because they all said maybe i could get
to 269. they didn't know we were going to break the beautiful, beautiful blue wall, we're going to shatter that wall. [cheers] so i went to maine four times for one. now under the other system you wouldn't do that. it was an amazing evening, we ended up with 306. which was a landslide, and some states, some states we won by 30 and 40 points throughout and it was just an amazing thing. i can tell you, we're going to work really, really hard for you. work really hard to justify what you did, and so we're doing our little tour. and one of the places i had to stop was michigan, and we're going to bring our michigan jobs and michigan workers back to work. we're going to bring them back to work and i've been here many times and even before i was running, before i officially
announced, i got an award four years ago, the man of the year and i talked about the cars, they can't keep taking your car manufacturers. ford and the others. can't keep taking them out and talking about it long before i thought i was going to do this, and the people in michigan remembered, i've been talking about this for years, we're going to stop it. ford's made a promise to me and hopefully at beginning of the year they're going honor that promise about something they're going to do that's very big, and they're going to do it in michigan, not in mexico, and it's going to be great. [ cheers ] >> going to be great. going to be great. we want to thank you. but on taxes, we're going to undertake one of the great tax reforms and simplifications in american history. at the center of this plan is a massive middle-class tax cut. middle-class tax cut. [cheers] we're also going to lower our business tax rate from 35% all the way down to 15%, bringing new companies to our country
and to your states. [cheers] so we go from the highest tax nation in the world to one of the lower. not the lowest yet, but okay, don't get greedy, okay? but to one of the lowest. on regulations we're going to eliminate wasteful job killing regulations that undermine the ability of our workers and our companies to compete with the rest of the world. [cheers] big thing, bigger than the taxes. i think it's bigger than the taxes. on energy. we will cancel the restrictions on the production of american energy, including shale, oil, natural gas and clean coal. we're going to put our miners back to work. miners. we love our miners. wyoming, was my highest percentage. the opponent almost didn't register in the state of
wyoming. almost didn't register in the state of west virginia, which we love. we love our miners. on infrastructure, i will ask congress to pass legislation that produces $1 trillion of new investment in america's crumbling infrastructure, that includes major new projects for rural communities and our inner cities, and our inner cities are like the forgotten man and the forgotten woman. we've forgotten about our inner cities, no longer. and the african-american community was great to us. they came through big league. big league. and frankly if they had any doubt, they didn't vote. that was almost as good because a lot of people didn't show up because they felt good about me, and the hispanic community
great, great. really great. and women, thank goodness, women. [cheers] women. the women. that was the other thing with the polls. it's like, i'd go to the rallies and they have the pink signs all over the place going crazy. we did great with women. i want to thank the women. [cheers] we're going to put our people back to work. it's time to help get americans off of welfare rolls and back into the labor market. we're going to do that. rebuilding our country with american hands and american workers, and they're going to be so thrilled, they're going to make so much more money than they've ever made and love getting up in the morning and they're going to love what they do. my administration will follow two simple rules. buy american and hire american.
because from now on, it's going to be america first. america first. our trade deficit is nearly $800 billion a year. can you believe that? any business people in the room? raise your hand, you think you can do slightly better than that? i think so. it's a chronic drag on growth and a destroyer of our country's wealth and our country's jobs. $800 billion a year. you actually say who's making these deals? who's making them? you look at deals that mexico and other countries have with other countries, and the deals they have with us are the worst deal, but that's going to change. that's going to change. we've got the professionals lined up, and these
professionals, they know what they're doing. america's lost one-third of our manufacturing jobs since nafta. we've lost 70,000 factories. i always say it's a typo. you mean 700 factories. you mean 70 factories. 70,000 factories since china joined the world trade organization. think of what 70,000 factories is. it's the greatest job theft in the history of the world. no state has been hurt worse by our trade deals than the state of michigan. that's why i knew i was going to win michigan. [cheers] that's why i knew i was going to win. no state, and it's the car industry, the automobile industry, but you watch, they're going to come roaring back, they're going to come roaring back and you're going to be happy. you've lost more than 40% of your automobile jobs since nafta was here.
think of it. 40%. if i wasn't elected. 40%, you wish you had 40% two years from now. you wish. you would have gotten much worse. plenty of deals are going on, and we did a great job with carrier with the help of mike pence, we did a great job. but -- but, you got to understand, we got to the table a little late. they already built their factory in mexico and lots of things and saved a tremendous number of jobs, and the rest have to be prepared, carrier and everybody else, when they make the air conditioners or whatever they're making, i think they're going to make pumps, not air conditioners, one is going to be air conditioners, we left them back here, and other companies, they have to pay a tremendous tax to get that product back into this country. [cheers] the point is the jobs that are gone i think they'll be coming
back soon, too. it used to be the cars were made in flint, and you couldn't drink the water in mexico. now the cars are made in mexico and you can't drink the water in flint. we're going to change that. [cheers] and it would have been nice if i had a little help from your governor. would have been real nice, right? would have been nice if we had a little help from the governor. we're going to withdraw from the trans-pacific partnership, renegotiate nafta, stand up to foreign cheating, and fight for every last american job and every last job that belongs in michigan. [cheers] if a company wants to fire their workers, leave michigan for another country or anywhere
else, and then ship their product back into our country, there will be consequences, folks, it's no longer going to be like we're people, we don't know what we're doing, we don't know what we're doing, go ahead, fire everybody in michigan or indiana or pennsylvania, fire everybody, build someplace else and just sell back. no, no. no more. not gonna happen. not gonna happen. if we, it's not me, i'm a messenger, if we didn't come along our country was going to be totally drained. there are thousands and thousands of companies right now that are negotiating to get out of our country because for one reason the taxes are too high. for another reason the regulation, even without doing what i'm doing at the border, and there is no 35% tax, you understand that. only if you leave there's a tax, no taxing the company. we're lowering taxes.
i don't think we're going to have to use the 35% very much when we lower taxes to 15% or theres about, i hope i can get it down to that level. nobody is going to leave. when we lower regulations by probably 80%, 85%, these are regulations that don't -- they're a disaster. for farmers, for manufacturers, for everybody. i also have an important announcement, and i'm going to make it tonight. you mind? [cheers] we'll keep it low-key. we'll keep it very low-key. they're turning off some of the cameras because they're so honorable. we have a great, great business leader with us tonight, one of the foremost leaders in manufacturing, one of the foremost leaders in the world of business. a man who cares greatly about this state and this country, even though he does happen to come from australia. he's here with us this evening.
he's done an incredible job. he's helped build an unbelievable company. he's been the chairman and ceo of dow chemical for 13 years, one of the truly great companies that is based right here in michigan. and he's staying here. he's staying. he's proud of michigan. he's also a fantastic family man, just met his son, and someone committed to returning jobs to the united states of america. his name is andrew laveras, one of the most respected businessmen in the world, and i'm asking him to come up and head up our american manufacturing council and he's agreed to do it.
[cheers] they'll be passed to finding ways to bring industry back to america. industry and manufacturing back to america. there's nobody can do it like andrew, so andrew, please come up to the stage. andrew. [ applause ] >> doesn't the president-elect sing music? it's music. it's kid rock. it's detroit motor city music. it's michigan music, it's american music. i'm very proud to be here. we love him too, and we're very proud as a michigan--based company to be founded in michigan up the road in midland
in the bay communities. we're global but we've been expanding operations in michigan, expanding operations in the united states, over 7,000 jobs, factory jobs, construction jobs, technicians, engineers, service jobs, invested over $7 billion in the last four, five years, and we aren't stopping there. we aren't stopping there. we're going to add value by giving this incredible workforce in front of me, this incredible american worker, incredible michigan worker and put you all to work. we've got ideas and plans, and tonight in honor of the president-elect and his being here to thank you all. we made a decision, we're going to invest a new state of the art innovation center in michigan. we're going to put an r&d center in place, this decision, this decision -- [cheers and applause]
this decision, this man and these policies, we could have waited, put it anywhere in the world. 700 jobs on top of the thousands, we aren't waiting, we're going ahead. we're going to use american hard work and american brains and fight for the dow company out of usa. president-elect trump, i can't tell you, i tingle with pride listening to you. to honor me to help you chair american manufacturing council, to put in place, to put in place the investments that you talk about, you're paving the way with your administration with your policies to make it easier to do business in this country. not a red tape country, but a red carpet country for american businesses. [cheers] america first, as you said. that's what we have to do.
and you can count on me and the business leaders we'll put on this team. this will be america's brightest and finest to solve the problems that you have. we need to employ our youth, help our citizens, we need to give you hope. we need to find a way back to believe in ourselves again. >> yeah! [cheers] as you rightly said, i may have a funny accent, we aussies love america a lot. i bleed america, and i bleed michigan. [cheers] that's what i do. thank you, sir. it's an honor. let's make america great again by building great things in america! [cheers and applause]
>> wow. so great, thank you, andrew. wow. isn't that great? that's what's going to happen, folks, we're going to get jobs, we're coming back and we're going to come back to michigan. we're going to come back to pennsylvania, all these places. new york state. you see what's happened in new york state. we're going to bring them back. i just want to thank andrew, and andrew is going to announce the names of the great business manufacturers, the best in the world, and he's setting up his council next week, and he'll announce them next week, and they will be like him, the greatest leaders there are. so i want to thank andrew and dow chemical, and that's really good news for michigan. [applause] >> on the military, we will show the whole world that america is strong again. [cheers] we will rebuild our badly depleted military and ensure
that servicemembers have the equipment, training, technology and resources that they need to get the job done and done correctly. [cheering] but i always add, i always add, we'll have the strongest military in the world, the most updated military in the world, and there rarely been a time we needed it like this. i always like to add, we will never have to use that power, i hope. we're building tremendous power, hopefully we will never have to use that you power. we believe in peace through strength. we will, however, get rid of isis, i'm sorry. we will get rid of isis. isis has to go. [cheering] at the same time, we will insure our veterans have the best medical care in the world. it is about time. [cheering] and on health care, we will
repeal and replace obamacare. [cheering] we'll have health care much less expensive. and it will be much better, much stronger. the murder rate our country has experienced is the largest increase in 45 years. you don't hear that. we are going to support the incredible men and women of law enforcement and we are going to bring this crime wave to anç e. [applause] on immigration, we will build a great wall. we will put an end to illegal immigration. and stop the drugs from pouring into our country and poisoning our youth and many other people. we have to stop the drugs.
we're going to have people come into our country, hupps of thousands of people, we want them to come in, because we're going to have big, beautiful doors in that wall. but they're going to come in legally. through a process, legally. [cheering] during this campaign i had a chance to meet the amazing families of the remembrance project. parents whose children were killed by illegal immigrants. a trump administration will end this long and horrible nightmare of violence. [cheering] we will fight to protect every american life. during the campaign i also spent time with american workers who were laid off and forced to train the