in the vicinityVideoRubio: Economic investment in the future has diminished
Florida sen. Marco Rubio discusses why America is falling behind as China surges on Tucker Carlson tonight.’
China rises to economic superpower, and U.S. rivals, America needs a keyword and invest in your own future by focusing on its workers, “reimagining” of its higher education landscape and make wise trade, make political decisions, said Sen. Marco Rubio.
“The free-enterprise system works, if companies and innovators to make a profit and, of course, to stay in business, but you can also get back some of that profit to innovate in the company, a new project or expand into a new market,” Rubio, R-Fla., said Friday on “Tucker Carlson tonight.”
“That’s not what is said in the United States,” Rubio.
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Carlson agreed that China “makes rapidly rising as an economic superpower that rivals the United States,” in part by “significant investments in their own country.”
Rubio said China is “directly” reinvestment in the economy through its policies on competition, intellectual property, and “discriminat[ing] against our company.”
“If you extrapolate that this long-term, we said a big problem on our hands,” Rubio.
Rubio said that a common misconception in the US that there is something “evil or wrong” on the return of profits to shareholders.
However, he warned that sometimes, the type of system the employee at a disadvantage can. “Then the companies have no incentive to invest, to be honest, more in the future. Your workers will be said, a line on your budget,” Rubio.
Rubio said, America has to “reimagine” higher ed, and invest in the training for professions, not necessarily a “four-year degree.”
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“We have to look at ourselves. We have tightened policy decisions,” he said, adding that it is also advisable, rules and “things that increase the cost of the work here.”
In terms of the trade, Rubio said that some Americans “taking China’s side” on an issue, because “it is Trump’s idea.”
“Let me tell you, it is pain is not catastrophic in the long run, if we get this right,” he said.