Political Quotes

“a 19th century British politician once said, ``Commerce is the greatest of all political interests.'' The Administration's actions lends credence to the statement. In early June, the Administration threw its support behind the renewal of China's MFN status. The interests of multinational corporations have once again been placed before the interests of American working families. We gave MFN status to China, and exactly what has that given us? It's given us a surging U.S. trade deficit with China that was $50 billion in 1997 that is expected to reach over $60 billion this year. The Administration's cozy trade relationship with China has come at the cost of tens of thousands of American jobs--in the name of constructive engagement, of course. What is the bottom line with MFN for China? Multinational corporations take advantage of MFN and cheap Chinese labor by moving U.S. manufacturing jobs to China, produce the goods there, and export the products back to the U.S. Our jobs are being exported to China, so multinational corporations can raise their profits. They're putting profits before people. Who wins? Communist China and multinational corporations. Who loses? American workers. Why? In the name of constructive engagement. Constructive engagement should not come at the cost of American jobs. We should engage on our terms, so that all Americans can enjoy a rising standard of living--not just multinational corporations.”