John Delaney: “That's right. I appreciate my friend from California for providing me with this opportunity to talk about what I think…”

“That's right. I appreciate my friend from California for providing me with this opportunity to talk about what I think is important for our economy, to get our economy going to create jobs. We spend a lot of time, both in this Congress and in Washington generally, talking about the economic challenges that this country faces and about the employment challenges this country faces, and those conversations often evolve into conversations about our tax policy and about the size of our government--two very important things for us to be spending time on as we talk about the fiscal trajectory of the country. {time} 1920 They are two things that actually have very little to do with what is important for creating jobs in this country, because what has really caused the employment challenges that we face today, what has really caused the economic challenges that this country faces are two things: globalization and technology. They are two trends that are gripping our society and really started about 20 or 25 years ago, and these trends are accelerating. Many people have been benefited by these trends. Americans with great education have been blessed by these trends. Americans with access to capital have benefited because of these trends. And hundreds of millions of citizens around the world have benefited from these trends because they move from formerly not being in a modern economy to being in a modern economy.…”