Political Quotes

“the fact that today's vote on annual renewal of MFN with China occurs after the House's previous close vote granting China permanent MFN gives us a chance to re-evaluate the wisdom of our action. Since that vote in May, we have learned that several of our assumptions about the meaning of the vote and of China's role in the world have proven false. Consider this. The Wall Street Journal ran an article that I want to quote from. The headline was, ``House Vote Primes U.S. to Boost Investments in China.'' The article says that the China deal with the U.S. on trade has less to do with U.S. workers making and exporting goods to the Chinese and more about Chinese workers working in U.S.-owned factories in China for import to the U.S. The Journal quotes a Wall Street economist saying, ``This deal is about investments, not exports.'' Indeed, the same article quotes a Washington-based analyst who said: ``U.S. exports will increase, but not at the rate of investment, and the corporate community has been quiet about that. They've been able to avoid telling that story.'' I want to read that quote again. This is a Washington-based analyst: ``U.S. exports will increase, but not at the rate of investment, and the corporate community has been quiet about that. They've been able to avoid telling that story.'' We are going to tell the story here.…”