Channel: The Ring of Fire

Category: News & Politics

Tags: trofirepolitics todaypoliticsrofthe ring of firetexas governorfarron cousinsprogressive newstytabbott border stuntgreg abbotttexas migrantsthe young turksus newstexas borderborder crisisbreaking news

Description: Mexico's Economy Minister announced this week that, due to the actions of Republican Texas governor Greg Abbott, Mexico will now be directing most of their trade through New Mexico, permanently. This move is going to cost the state of Texas billions of dollars and countless jobs, and it is all because Abbott wanted to make the Biden administration look bad. Now his state will be suffering for a long time, as Ring of Fire's Farron Cousins explains. Link - theweek.com/greg-abbott/1013145/texas-gov-abbotts-border-inspections-prompt-mexico-to-move-lucrative-trade-link Become a member today!: youtube.com/channel/UCYWIEbibRcZav6xMLo9qWWw/join Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: patreon.com/TheRingofFire Find our merchandise at Teespring: teespring.com/stores/rof-store Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content! Support Ring of Fire by subscribing to our YouTube channel: youtube.com/theringoffire Be sociable! Follow us on: Facebook: facebook.com/RingofFireRadio Twitter: twitter.com/RingofFireRadio Google+: plus.google.com/118415831573195648557 Instagram: instagram.com/ringoffirenetwork Follow more of our stories at TROFIRE.com Subscribe to our podcast: ROFPodcast.com *This transcript was generated by a third-party transcription software company, so please excuse any typos. Well, in another instance of play stupid games, win stupid prizes. The country of Mexico announced this week that they're officially cutting off the state of Texas. And instead we'll now be using New Mexico as their number one port for bringing goods into the United States. Cutting off the state of Texas of billions upon billions of dollars in yearly revenue. This was announced by me, uh, Mexico's economy minister this week after she said, quote, we can't leave all the eggs in one basket and behind hostages to someone who wants to use trade as a political tool. And of course, this is referring to Republican Texas governor Greg Abbot's recent 10 day border stunt, where he decided to expand the inspections of all those trucks coming from Mexico into the state of Texas to intentionally disrupt the supply chain, which by the way, did cost Texas 4.2 billion in 10 days. But he wanted to slow down the flow of goods and, uh, other products into the United States manufacturing equipment stuff that was going outside of the state of Texas, because it would create shorter. That would drive up inflation. That would make Biden look bad. That is why Greg Abbot did that. It was a big haha. I got you to the Biden administration by intentionally disrupting the supply chain. But in the end Mexico's having the last laugh now aren't they? Because during that slowdown, they ended up Rero of those trucks through New Mexico, through a port over there. And now this week they say, you know what? That actually went so well over here. We're moving it all over there permanently permanently. So Texas, as I mentioned is going to lose billions of dollars every year now forever. That is money that is of officially gone and not coming back to the state of Texas. And because there's gonna be fewer goods and services coming through Texas. Now people are gonna lose their jobs. Local economies will take a hit, you know, it's that ripple effect throughout the economy. Suddenly you got a hundred people in your city that lose their jobs. That's a hundred people that are longer going to eat at the local diner because they can't afford it. Local diner starts losing money. Their employees can no longer go out, go down to the little boutique down the street and buy clothes. So the boutique takes a hit and so on and so forth rippling all the way through the economy. All because Greg Abbot wanted to stick it to president Biden. Mexico co is having the last laugh. Now, Greg and I hope your voters understand that as they head to the polls this year, that trade these trucks, they're not coming Back through your state Texans and you depend on them for your economic activity. Maybe not all of it, but a decent size portion of it is now gone forever because Greg Abbot decided to use trade as a political tool. And now he's the one who looks like a political tool.