Political Quotes

On the recordJune 21, 2002
on 9-11 I stood here and made a speech about the overvalued dollar and its bad effect on our trade, especially the textile industry. Then came the vicious attack. Since that time, the President and the House leadership have promised to aid our beleaguered industry and have delivered on those promises. But in the long run, the weakening dollar will provide immediate aid in our ability to compete, to compete in the world market in textiles and steel and other important sectors of our economy. Our retail prices will increase; but now, more goods in the stores will be made in America.
Said by
Cass Ballenger
North Carolina
Source
govinfo.gov

Editor's note · Context

Discussing the impact of the dollar's value on the textile industry and the economy post-9/11.

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