WEBVTT - Rush Limbaugh May 20, 2019

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<v Speaker 1>According to the FBI, the average home burglary loss is

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<v Speaker 1>about two thousand dollars. Still, only one in five homes

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<v Speaker 1>Trump critics are all over the media crying doom and

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<v Speaker 1>gloom over these China tariffs. The economy is going to crash,

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<v Speaker 1>they say, American consumers are going to pay the price. Well,

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<v Speaker 1>reality is proving the critics wrong. The CEO of Williams Sonoma,

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<v Speaker 1>Laura Albert, explains that her company prepared for higher tariffs

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<v Speaker 1>on imports from China last year they move furniture production

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<v Speaker 1>out of China. Williams Sonoma, which owns Pottery Barn and

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<v Speaker 1>West Elm, is opening a facility in Tupelo, miss Sippy,

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<v Speaker 1>creating hundreds of jobs upholstering furniture, the kind of jobs

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<v Speaker 1>President Obama said would never return. Ms Albert says that

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<v Speaker 1>it made financial sense to bring those jobs back to

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<v Speaker 1>America because the labor cost was less than the cost

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<v Speaker 1>of importing freight from Asia, and it's paying off. William

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<v Speaker 1>Sonoma just reported a three point seven percent revenue increase.

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<v Speaker 1>And that's just one example of how Trump's China tariffs

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<v Speaker 1>resulted in more jobs for Americans without increasing consumer costs

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<v Speaker 1>by one penny. It's the exact opposite of what never

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<v Speaker 1>Trump has predicted. When President Trump did what no other

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<v Speaker 1>president would, and that's demand trade fairness with China. The naysayers,

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<v Speaker 1>it's it's amazing how often they are wrong about Trump,

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<v Speaker 1>and they're wrong about this again, and they are never

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<v Speaker 1>going to be right unless they figure out what they're

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<v Speaker 1>dealing with and who