Political Quotes

On the recordMay 20, 1994
having had the privilege to hear the Prime Minister of India speak before Congress 2 days ago, we should all take a moment to reflect on how this country can best take advantage of the opportunities opening up throughout the world. As the free market struggles to take hold in many countries like India that formerly relied on state-dominated economies, the United States has an opportunity to serve as the great academy of the free market. Rather than spend billions on foreign assistance projects of dubious merit, Congress can help to establish programs in our local communities that bring young entrepreneurs and business leaders to this country to learn first-hand how a large market economy functions. Some programs such as these already exist, and I believe that Congress should seek to expand these in the years to come. This would be one important step in moving our international policies from aid to trade. it would also enable us to cut substantially our foreign aid budget, establish trade ties with emerging markets and support market-oriented democracy throughout the world.
Said by
Ozora Stearns
Republican · Minnesota

Editor's note · Context

Discussing opportunities for the U.S. to support free market development in emerging economies.

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