Political Quotes

Marcy Kaptur: The gentleman raises such an important point because those interests in our country, those monied interests, only want…

On the recordJanuary 11, 1995
The gentleman raises such an important point because those interests in our country, those monied interests, only want us to focus on one part of the equation, this part, the products going from America to Mexico which are very, very small--and they say, 'Wow, we are sending 20,000 cars. We are doing real well. We didn't send any before.' Of course they are sending them to rental car companies in Cancun and in Mexico City where Americans can vacation. They never talk about this number, the 277,000 cars and trucks coming the other way. It completely obliterates this, and that is why America's trade advantage with Mexico has been cut in half and, in October, went into the red. I say to my colleagues, you have to read the fine print so carefully. It is just like articles in my own local newspaper back home when they talk about wages and they talk about the economy in our area. The last paragraph at the bottom of the page on the insert says, 'But wages didn't go up. There is job creation, but there is no wage growth, and the reason is because we are cashing out our good jobs with good benefits to the low-wage nations of the world that are largely undemocratic in nature whether it's China, whether it's Mexico, whether it's many of the nations that repress their work forces and do not in their laws provide for the dignity of work.' It does not surprise me why our wages are going down.
Said by
Marcy Kaptur
Democratic · Ohio

Editor's note · Context

Discussing the impact of trade with Mexico on American jobs and wages.

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