Paul S. Sarbanes: “Actually, the industry people, when pressed on this, concede that. It is hard to develop any rationale.”

I mean, something's wrong with the set of policies we're pursuing, it seems to me, if we're going to have the kind of erosion in the trade balance that we have seen.

These men and women play an important role in our defense, obviously, and the view that a number of these practices are directed at them in a whole range of ways, I think is a matter for the considerable concern.

I think the best way to do it is to have a flexible exchange rate, and that will let the market work even more.

I thank Senator Mikulski.