
You were hesitant to use the word 'recession,' but would you say we are in a recession relative to unemployment rates?
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You were hesitant to use the word 'recession,' but would you say we are in a recession relative to unemployment rates?

Well the definition is two quarters of negative growth is what I have always understood the kind of classic definition of a recession is.

So that the stimulus package which put forward toward consumers is one we would hope would go at that particular sector?

So that one is more alarming than the number might portend because it has been a growth sector?

So that fall-off in the housing market is a key piece of this data. That is the big piece of this data?

there is this sense that there's been this huge wave of products flowing into the United States

It's time to end the status quo, the business as usual relationship with China.

"I think it's fair to say that an open and transparent system of government, like ours, is less likely to produce defective products."

"Unfortunately, as some others have already noted, 'Made in China' has now become a warning label."

Shoddy, defective and dangerous products being made in China and sold to American consumers has simply got to stop.

And also push the Chinese Government, whether through communications through you and certainly through communications from our Government that we will not tolerate these problems in our products.

we can't just talk about it, that's why I talk about bringing the club out.

We should get very stern and clear, and hit them where it hurts. Hit them in the markets.

one of my growing concerns has been this concentration of our manufacturing and of our economic activity associated with China

I hope we can--in looking forward--pass legislation to try to correct this situation, put standards in place so that people can be assured of the products they buy.

"I firmly believe that the problems we're now seeing with Chinese-made toys and other consumer products is just a symptom of a much larger problem that must be dealt with in a swift and vigorous way."

And that that's what you're going to enforce.

And we're going to do everything we can to stop these problems, period.