Political Quotes

“it was while a Yale undergraduate that Fred Smith received a C-plus for his paper outlining a plan to buy large airplanes that would carry packages overnight. This plan a few years later became Federal Express, now FedEx, a global courier delivery services company with nearly $50 billion in revenues and more than 340,000 employees. FedEx has become a leading worldwide economic indicator all by itself and one of our country's great success stories. Mr. Smith not only founded the company, but today still is CEO and Chairman. Fred Smith's address should be required reading on all college campuses, as well as for all others who may have forgotten the remarkable contribution trade has made to prosperity not only for our country, but for hundreds of millions worldwide. There is no doubt that globalization and technology have improved living conditions in our country, but they have also bred uncertainty and sometimes fear. For many Americans, the cheaper goods we buy from overseas and the salaries we make from selling goods overseas come with dislocations that make it harder for Americans to find jobs and provide for their families. Added to that are actions by some of our trading partners--Japan in the 1980s and China more recently--that abuse the trade relationship and turn free trade into unfair trade.…”