Political Quotes

On the recordMay 13, 2015
I rise today to talk about an issue that, by some estimates, has cost the United States as many as 5 million jobs, which is a lot of jobs, and that is the issue of currency manipulation. We are going to have an opportunity, now that there is an agreement, to move forward on all of the issues related to trade, whether it is fast-track or helping workers or enforcement issues or the other pieces that will be in front of us. We will have an important opportunity to seriously move forward in a positive way for our manufacturers and for agriculture and for all those who are impacted by currency manipulation. In fact, currency manipulation is the most significant 21st-century trade barrier that American businesses and workers face today and is the least enforced against. We take the least amount of action against currency manipulation, and yet it is the most significant 21st-century trade barrier. If we don't take meaningful action to address this issue, we stand to lose even more jobs at a time when our economy is desperately trying to recover. Our workers are the best in the world, and we can compete with anybody--our businesses can compete with anybody as long as there is a level playing field and the rules are enforced. But we can't win when our trading partners cheat, and that is what is happening right now. When they manipulate their currency--when Japan does it, when China does it, when other countries do it--they are cheating. A strong U.S.…
Said by
Debbie Stabenow
Democratic · Michigan
Source
govinfo.gov
May 13, 2015

Share

More from Debbie Stabenow

Dec 2, 2024

I ask unanimous consent that the Senate proceed to the immediate consideration of Calendar No. 492, S. 4305. The PRESIDING OFFICER. The clerk will report the bill by title. The legislative clerk read as follows: A bill (S. 4305) to improve…

govinfo.gov
Mar 12, 2025

I predict a very good Democratic year in 2026.

nbcnews.com
Dec 4, 2024

first of all, I have to say, wouldn't you know I would get laryngitis, and for somebody who is in elected office, we know that that is not a good thing, so please bear with me; and I want to thank Chuck so much for his comments this…

govinfo.gov
Nov 18, 2024

There is no question. And we also have extensive evidence that when a bill is put forward on the floor that cuts the nutrition title, it never passes--2012 in the House, 2018 in the House. When Republican colleagues only put a bill on the…

govinfo.gov

Other voices in this conversation