5. Ibid., 11.
6. Constitution of the Bolivarian Republic of Venezuela (in English translation from the original legal text), Human Rights Library, University of Minnesota, http://hrlibrary.umn.edu/research/venezuela-constitution.html.
7. Biden-Sanders Unity Task Force Recommendations: Combating the Climate Crisis and Pursuing Environmental Justice, 11.
8. Ibid., 16.
9. Ibid., 3.
10. Alex Leary and Timothy Puko, “Trump, Biden Square Off over Environmental Regulations,” Politics, Wall Street Journal, July 16, 2020, https://www.wsj.com/articles/trump-biden-square-off-over-environmental-regulations-11594917709.
11. Ibid.
12. Biden-Sanders Unity Task Force Recommendations: Combating the Climate Crisis and Pursuing Environmental Justice, 74.
13. Jaret Seiberg, “Top 10 Observations on Democratic Priorities for Financial Services,” Cowen Washington Research Group, July 22, 2020.
14. Elizabeth Warren, “Companies Shouldn’t Be Accountable Only to Shareholders,” Opinion/Commentary, Wall Street Journal, Apr. 14, 2018, https://www.wsj.com/articles/companies-shouldnt-be-accountable-only-to-shareholders-1534287687.
15. Milton Friedman, “The Social Responsibility of Business Is to Increase Its Profits,” New York Times Magazine, Sept. 13, 1970, reprinted in Scott P. Rae and Kenman L. Wong, Beyond Integrity: A Judeo-Christian Approach to Business Ethics, 2nd edition (Grand Rapids, MI: Zondervan, 2004), 131.
16. Ibid., 132.
17. Jonathan Easley, “Biden Strikes Populist Tone in Blistering Rebuke of Trump, Wall Street,” The Hill, July 9, 2020, https://thehill.com/homenews/campaign/506634-biden-strikes-populist-tone-in-blistering-economic-rebuke-of-trump-wall.
18. Joe Biden (@JoeBiden), “We’re going to beat Donald Trump. And when we do, we won’t just rebuild this nation—we’ll transform it,” Twitter, July 5, 2020, https://twitter.com/joebiden/status/1279928045093228545.
19. Huaqun Li, Garrett Watson, and Taylor LaJoie, “Details and Analysis of Former Vice President Biden’s Tax Proposals,” Tax Foundation, Apr. 29, 2020, https://taxfoundation.org/joe-biden-tax-plan-2020/.
20. James Freeman, “Biden’s Bigger Government,” Opinion/Best of the Web, Wall Street Journal, July 9, 2020, https://www.wsj.com/articles/bidens-bigger-government-11594315921.
21. Ibid.
22. Michael Tesler, “Why Trump—Not Biden—Might Have an Enthusiasm Problem,” FiveThirtyEight, July 15, 2020, https://fivethirtyeight.com/features/why-trump-not-biden-might-have-an-enthusiasm-problem/.
23. Change Research, CNBC “State of Play” Poll, National Likely Voters, July 10–12, 2020, https://9b1b5e59-cb8d-4d7b-8493-111f8aa90329.usrfiles.com/ugd/9b1b5e_cabe0094cdf847dc8a2f12309173b8dd.pdf.
24. Philip DeMuth, “The Biden Tax Hike Would Be Severe,” Opinion/Commentary, Wall Street Journal, July 14, 2020, https://www.wsj.com/articles/the-biden-tax-hike-would-be-severe-11594767531.
25. Ibid.
26. Ibid.
Chapter 10: Trump’s Unfinished Business
1. Erica York, “Tracking the Economic Impact of U.S. Tariffs and Retaliatory Actions,” Tax Foundation, last updated Aug. 13, 2020, https://taxfoundation.org/tariffs-trump-trade-war/#:~:text=According%20to%20the%20Tax%20Foundation,179%2C800%20full%2Dtime%20equivalent%20jobs.
2. President Donald Trump, interview with James Freeman, Apr. 27, 2020.
3. Ibid.
4. President Donald Trump, telephone interview with Maria Bartiromo and James Freeman, July 16, 2020.
5. Maria Bartiromo’s Wall Street, hosted by Maria Bartiromo, Fox Business Network, July 31, 2020.
6. James Freeman, “The Best Time Ever to Look for a Job,” Opinion/Best of the Web, Wall Street Journal, Mar. 19, 2018, https://www.wsj.com/articles/the-best-time-ever-to-look-for-a-job-1521488877.
7. Lev Borodovsky, “The Daily Shot: The Number of Job Openings Matches the Number of Unemployed for the First Time,” Daily Shot (blog), Wall Street Journal, Mar. 19, 2018, https://blogs.wsj.com/dailyshot/2018/03/19/the-daily-shot-the-number-of-job-openings-matches-the-number-of-unemployed-for-the-first-time/?mod=article_inline.
8. Victor Oliveira, The Food Assistance Landscape: FY 2017 Annual Report (report summary from the Economic Research Service), U.S. Department of Agriculture, Mar. 2018, https://www.ers.usda.gov/webdocs/publications/88074/eib-190_summary.pdf?v=0.
9. “Remarks by President Trump to the World Economic Forum,” The White House, Jan. 26, 2018, https://www.whitehouse.gov/briefings-statements/remarks-president-trump-world-economic-forum/.
10. “Job Openings and Labor Turnover Survey News Release,” U.S. Bureau of Labor Statistics, Feb. 12, 2019, https://www.bls.gov/news.release/archives/jolts_02122019.htm.
11. Christopher Rugaber, “US Job Openings Jump to Record High of 7.3 Million,” Associated Press, Feb. 12, 2019, https://apnews.com/bf2ff7ec19c74f2a8451f4bf2876e7ee.
12. “Remarks by President Trump in State of the Union Address,” The White House, issued on Feb. 6, 2019, https://www.whitehouse.gov/briefings-statements/remarks-president-trump-state-union-address-2/.
13. “Remarks by President Trump in Cabinet Meeting,” The White House, issued on Feb. 12, 2019, https://www.whitehouse.gov/briefings-statements/remarks-president-trump-cabinet-meeting-13/.
14. Ibid.
15. Caitlin Dickerson and Miriam Jordan, “South Dakota Meat Plant Is Now Country’s Biggest Coronavirus Hot Spot,” New York Times, published Apr. 15, 2020, updated May 4, 2020, https://www.nytimes.com/2020/04/15/us/coronavirus-south-dakota-meat-plant-refugees.html.
16. Michelle Hackman, “Trump Administration Plans to Raise Seasonal-Worker Cap,” Politics, Wall Street Journal, updated Feb. 20, 2020, https://www.wsj.com/articles/trump-administration-plans-to-raise-seasonal-worker-cap-11582248895.
17. Nick Miroff and Josh Dawsey, “Mulvaney Says U.S. Is ‘Desperate’ for More Legal Immigrants,” Politics, Washington Post, Feb. 20, 2020, https://www.washingtonpost.com/politics/mulvaney-says-us-is-desperate-for-more-legal-immigrants/2020/02/20/946292b2-5401-11ea-87b2-101dc5477dd7_story.html.
18. “Final Rule on Public Charge Ground of Inadmissibility,” U.S. Citizenship and Immigration Services, last reviewed and updated Feb. 24, 2020, https://www.uscis.gov/archive/final-rule-on-public-charge-ground-of-inadmissibility.
19. James Freeman, “Is China Finally Ready to Deal with Trump?,” Opinion/Best of the Web, Wall Street Journal, June 18, 2019, https://www.wsj.com/articles/is-china-finally-ready-to-deal-with-trump-11560895553.
20. Louise Radnofsky, “Trump Says Guatemala Is Set to Help Stem Migrant Flow,” World, Wall Street Journal, June 18, 2019, https://www.wsj.com/articles/trump-says-guatemala-is-set-to-help-stem-migrant-flow-11560833062.
21. Joyce A. Martin, Brady E. Hamilton, Michelle J. K. Osterman, and Anne K. Driscoll, “Births: Final Data for 2018,” National Vital Statistics Reports 68, no. 13 (Nov. 27, 2019), published by the National Center for Health Statistics, 3, https://www.cdc.gov/nchs/data/nvsr/nvsr68/nvsr68_13-508.pdf.
22. Sheelah Kolhatkar, “At Uber, a New C.E.O. Shifts Gears,” New Yorker, Mar. 30, 2018, https://www.newyorker.com/magazine/2018/04/09/at-uber-a-new-ceo-shifts-gears.
23. Ibid.
24. Stuart Anderson, “Immigrant Entrepreneurs Prove It Doesn’t Matter Where You Were Born,” Forbes, May 6, 2019, https://www.forbes.com/sites/stuartanderson/2019/05/06/immigrant-entrepreneurs-prove-it-doesnt-matter-where-you-were-born/#51ace44449b7.
25. President Donald Trump, telephone interview with Maria Bartiromo and James Freeman, July 16, 2020.
26. Ibid.
27. Ibid.
28. Ibid.
29. Ibid.
30. James Freeman, “Shelton Gets a Vote,” Opinion/Best of the Web, Wall Street Journal, July 10, 2020, https://www.wsj.com/articles/shelton-gets-a-vote-11594418218.
31. President Donald Trump, telephone interview with Maria Bartiromo and James Freeman, July 16, 2020.
Threshold Editions
An Imprint of Simon & Schuster, Inc.
1230 Avenue of the Americas
New York, NY 10020
www.SimonandSchuster.com
Copyright © 2020 by Bartiromo Productions LLC and James Freeman
All rights reserved, including the right to reproduce this book or portions thereof in any form whatsoever. For information, address Threshold Editions Subsidiary Rights Department, 1230 Avenue of the Americas, New York, NY 10020.
First Threshold Editions hardcover edition October 2020
THRESHOLD EDITIONS and colophon are trademarks of Simon & Schuster, Inc.
For information about special discounts for bulk purchases, please contact Simon & Schuster Special Sales at 1-866-506-1949 or [email protected].
The Simon & Schuster Speakers Bureau can bring authors to your live event. For more information or to book an event, contact the Simon & Schuster Speakers Bureau at 1-866-248-3049 or visit our website at www.simonspeakers.com.
Interior design by Jaime Putorti
Jacket design by Jason Gabbert
Back jacket author photograph © Udo Spreitzenbarth Photography
Flap author photograph © Fox News
Image of American flag © javarman/Shutterstock
Library of Congress Cataloging-in-Publication Data
Names: Bartiromo, Maria, author. | Freeman, James, 1950– author.
Title: The cost : Trump, China, and American revival / Maria Bartiromo and James Freeman.
Other titles: Trump, China, and American revival
Description: First Threshold Editions. | New York : Threshold Editions, 2020. | Includes bibliographical references.
Identifiers: LCCN 2020033160 (print) | LCCN 2020033161 (ebook) | ISBN 9781982163983 (hardcover) | ISBN 9781982163990 (trade paperback) | ISBN