Political Quotes

“As the co-founder and co-chair of the House Manufacturing Caucus, I cannot overstate the importance of manufacturing in America and the need for this important legislation. The U.S. is still the largest manufacturer in the world, churning out about $1.7 trillion in value annually, and one in six jobs is tied directly or indirectly to manufacturing. Manufacturing drives innovation by conducting two-thirds of all research and development and creating the bulk of technology in our Nation and nearly 70 percent of all exported goods from the United States in 2011 originated from the manufacturing sector. In the U.S., every one dollar in final sales in manufacturing goods supports $1.35 in output from other sectors of the economy. That multiplier effect is higher than any other economic sector. Many other jobs, such as those in financial services, depend on somebody else making a product. If no one makes anything in America anymore, than those service sector jobs disappear also. I spend about two-thirds of my time in Congress studying and working on manufacturing issues, from raw materials and minerals all the way through export controls. In fact, earlier today, I co-hosted a bipartisan briefing with administrative officials on its export control reform initiative. I have been in over 500 factories all over the world in China, Japan, Europe, and the United States.…”