YouSaid · the spoken record

Michael Froman

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2017-03-16
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2017-03-16
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  1. That's right, over the last five years we had about 800,000 new manufacturing jobs added. But there has been a secular trend of increased production with fewer workers, and that is largely because of technology.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  2. Well, even then, I mean, you've seen the decline in the percentage of manufacturing workers, for example, in the United States for sixty years, long before there was any trade agreement. And this is before the WTO existed, before China joined the WTO, before NAFTA was fully implemented. Economies, including not just the US, but other major industrialized economies, were going through transition with more and more productivity, more technology introduced into the workplace. The absolute amount of product produced manufacturing in the United States continued to go up. In fact, last year we've had the highest amount of manufacturing product producing the United States ever.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  3. Well, like, I think most economists will tell you that eighty percent or more of the effect on jobs is from technology, not from trade.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  4. And it led to a very strong recovery in the 1990s, including the creation of twenty million new jobs. So there was a robust debate within the government about this. There were also quite good results for the outcome.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  5. I think that's right. I mean, the Clinton administration came in in the context of a recession. Put together policies, and you're right, it reflected fiscal conservatism, it reflected pro-trade perspectives.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  6. Look, I think one of the things he established, first as head of the National Economic Council, but then also when he was Treasury Secretary, was the importance of having a full debate about the table. And he viewed his role as head of the NEC, not just to express his point of view, but to make sure that alternative opposing points of view were also represented there and that the president had the benefit of differing perspectives there. So oftentimes we'd be sitting in meetings and he would be making the opposite argument of what I knew he believed in just to make sure that it was on the table. And I thought, I learned a lot from that in terms of the importance of a fair and open system. And President Clinton and President Obama both valued having that kind of debate where they could see all the perspectives being presented to them so that they could make the ultimate decision.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  7. Well, I first went to Europe and went to Brussels, worked for the European Commission, and then my wife and I went to Albania. Legal reform, and then ended up in Washington about a year later. And that was the intent. I was very focused on doing government service and being in the government.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  8. You know, it was good. I was not a close buddy. I was not a roommate as some of the press had sort of reported on. But we were colleagues on Law Review. We spent a lot of time together. Every night at 10 o'clock, everyone put their work away and broke to have a snack or to watch the news and talk about what was going on. You had the first Gulf War that was launched while we were students there together. There was a big debate among the editors there about what was going on in the Middle East. And I just remember a very vibrant... Thoughtful discussion that he brought to the table, what was ever going on on TV, what was ever going on on campus?

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  9. It was a big deal. He was the first African American to be elected in, I think, what was then 104 years of the history of the law review. So it was a big deal on campus. He was a big deal, and not just because of the law review. I didn't have, I had a few classes with him. He stood out in those classes. When he opened his mouth and expressed his view, first of all, he did it judiciously, but when he did, it had an impact and he had a perspective more mature perspective in many respects.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  10. Well, you know, it was a time, this was in the late 80s, early 90s, it was a time on law school campuses when there was a lot of division. There had been the critical legal studies movement. It was followed by the rise of the Federalist Society. So there was a lot of sort of right-left divide in law schools. It divided students. It divided faculties. And he was a figure who came into law review determined to try and bridge the differences. And a lot of the attributes that later became obvious as a senator, as a candidate for president, as president, you could see even back then in terms of his commitment to try and bridge differences, his ability to reach out to people and try and build consensus. And obviously it was on a much smaller scale over much less consequential issues.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  11. Well, he stood out in everybody's mind immediately. Now, I won't say that I thought then he'd be president of the United States. Maybe some people did have that kind of foresight. I think we all thought he would go into politics. But whether it was...

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  12. Indeed. We were classmates. We worked on law review together. He, of course, went on to be president of law review. I was just a mere editor there. But if you've ever been at law school or know anything about larvae, you know you spend an inordinate amount of time late into the nights sitting around the table doing work on articles together. And so it gave us an opportunity to get to know them.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  13. Well, you know, I had planned to be a lawyer or to go to law school anyway. I wasn't sure I'd ever practiced, but thought I would go to law school. I think it was convinced, and I think in retrospect I was right that learning a coherent way of thinking. There are lots of different models or frameworks one can develop in one's life, but the way of a lawyer of working through a problem in a concerted manner, looking at both sides of the issue, having to make arguments on one side of the issue and understand the strengths and weaknesses of those arguments, I found to be a very attractive way of organizing my thoughts and something that I used every day even though I never practiced law.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  14. No, that's right. In fact, that year I took off after high school was to work for a Jewish youth organization, allowed me to travel all around the country a bit internationally. And that's what really changed my focus from doing something in science to doing something in politics. And so decided to come east, went to school at Princeton, studied international relations, and kept on going. So you were

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  15. My dad was in a furniture business, had a small store in the local town. I worked there during the summers moving furniture or dusting furniture as my summer job. He was an immigrant. He was born in Berlin. He left Berlin in 1936 as a refugee to what was in Palestine, grew up there until 1950, and came to the U.S. to go to college, went to Berkeley, met my mom there. We settled down and they settled down in Marin County, just north of San Francisco. So he was first generation immigrant. And I think that had a big impact on my life. He was very much involved, followed history and Middle East politics and the like, and had a big impact on me throughout my life.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source

  16. Well, you know, I grew up in the Bay Area and took a year. I was going to be a doctor. And I took a year off after high school and traveled around.

    2017-03-16 · The Axe Files with David Axelrod · Ep. 130 - Michael Froman · IDENTIFIED FROM THE TRANSCRIPT · source