Mr. Chairman, I very much appreciate the bipartisan opposition to the Sanders amendment as voiced, for example, by the senior Democrat on the Committee on Financial Services. We can all agree on a few things. We can all agree that we hate to see American jobs lost, whether it is because of decline in the industry or because of the fact that those jobs are moved abroad. We do not want to see layoffs. The fact of the matter is, however, that sometimes one sector of a company's production simply becomes obsolete, or because of the fact that it is a labor-intensive or very low-skilled job that for economic reasons, the corporation feels it must move abroad. Mr. Chairman and colleagues, do not penalize those parts of the company that are exporting products abroad. Vote ``no'' on the Sanders amendment.
Doug Bereuter: “Mr. Chairman, I very much appreciate the bipartisan opposition to the Sanders amendment as voiced, for example, by the…”
Editor's note · Context
Addressing the bipartisan opposition to the Sanders amendment regarding job loss and corporate production.
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