So if the widgets are made out stainless steel, it's the cost of buying the stainless steel and maybe the electricity bill of melting it and reforming it or however you have to work with stainless steel.

So let's say the variable costs each of these years and I'm assuming stainless steel prices don't change is 100,000.

Steel is a key industry.

So they're the variable costs, and that's literally the actual costs of making those widgets.

That town is the center of the steel industry.

Indian restaurants in Britain employ more people than the coal mining, ship building and iron and steel industries combined.

When all of these tariffs are reduced, the things that we're supposed to encourage, and jump start an industry, the industry collapses.

Krell metal.

That was the level of rhetoric.

That feed conversion ratio? 2.5 to one, he said.

And the whole thing, after they did that, Grey Poupon takes off!

Why does this matter?

Well, it turns out that it's actually not illegal.

I know nothing about that. But it's your responsibility.

You kind of want to compare apples to apples.

So I thought, okay, I'll start with five.

The first is be aware of the propaganda.

We have the biggest damage claim.

So, I thought I have to meet somebody who can tell me about technology.

And you can see, they're ranging from shoes, rings that were made out of stainless steal, phone covers out of plastic, all the way through to spinal implants, for example, that were created out of medical grade titanium, and engine parts.

Despite a shortage of steel, industrial output has increased by five percent.

However there is a political battle in our country.

So the question is, is this a good way to account for it, where when you have to I guess you could say buy new equipment.

What do you do when you grow up?

(Laughter) What do I mean by that? (Laughter)

And just to give you one instance of this food.

It could have been the film industry.

You want to work in agriculture?

They meet with the company.

The world is full of wonder.

Barack wants to create two and a half million jobs.

The large firms in the industry call all the shots.

Here's Mr. Jobs, completely has changed the world.

Today Applause

That's good iron.

The computer industry is enjoying a boom.

We've questioned the future of capitalism.

Their focus in on freshness, and immediate consumption.

What Howard Moskowitz was doing was saying,

Well, you can still sell novels without books.

No, but it's true the Internet has changed the world.

This steel is stainless.

The sizzling sparks go leaping up!

Now the shreds of steel are melted down!

Shining steel, shimmering in the light?