Varney: European leaders could learn a lot from Trump

Channel: Fox Business
Published: 3 hours ago

Description
FBN's Stuart Varney on what European leaders could learn from President Trump. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world...



Transcript
President france is present, trump is in france. Joining european leaders commemorating the 75th anniversary of d-day, angela merkel. Is there so too is emmanuel macron. This could be a teaching moment for the europeans. They want to know how america has such a dynamic and prosperous economy haha. This is a priceless opportunity for president trump to tell them how it's done. Those european leader ...
are facing a revolt from their own people in response to the deep malaise that is affecting the entire continent. Think of this on tuesday in berlin, business leaders confronted angela merkel face-to-face the german economy is sliding towards recession. The cost of energies astronomical is over six bucks. A gallon for gas. Andtaxes keep going up to pay for cradle-to-grave welfare. The business guys demanded tax cuts for business.

Like america, the top business leader went right at chancellor merkel and said you've squandered a large part of the trust people placed in you. No country in europe shows robust economic growth. The whole continent is slowing down. Italy is in recession, taxes are high everywhere, you know they have what's called a value-added tax over there. It'S like a sales tax on everything and it's about 25 percent - repeat 25 percent and by the way, if you lend money to the government over there, you don't get it all back. No in europe today, you pay governments to keep. Your moneyit was supposed to bring growth simply hasn't worked. They'Ve got a lot to learn. They don't want to listen to president trump. They just don't like the guy, but he's the man with the ideas. Like start fighting climate change with cheap american natural gas grow your economies with tax cuts, liberate business by cutting regulation and defend yourselves quit mooching off us. President trump is anything but shy he's going to get right into it with those europeans, and so he should they are a mess.

We are not tell them how it's done. Mr. president, you're a missionary.


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