On the recordSeptember 13, 2012
I agree with that. Any of these things that will help promote the development of a middle class in these other countries, whether it be China or Russia in this particular class, creates a new consumer class for American goods. Now, we're all patriotic. We want to buy American. I love to go to the store, and I'll buy something; and if the label says ``Made in America,'' I feel good. I feel good about it. Most Americans do. But by God, I want a Russian mother to buy something on the shelf that says ``Made in America.'' We need to sell America, sell American goods overseas. That's where 95 percent of the world's consumers are, and our economy has been too much mired in domestic consumption at the expense of not looking into the outside world to export American-made goods to these consumers who live outside the United States. By normalizing our trade relationship with Russia, we will create the mechanism to do that with Russia. This will increase critical sales of American goods and services to Russia. Not only that, we will create very good high-paying jobs here in the United States. This is definitely a win-win situation. We spoke about Russia being the ninth largest world economy, importing more than $400 billion in goods and services. And as some of my colleagues may be aware, Louisiana, my State--it's a small State, but it's seventh among the 50 States in total exports because of our location on the Gulf of Mexico and our waterways and our ports.…





