Political Quotes

On the recordFebruary 3, 2015
I thank Mr. Garamendi for bringing us together again. He is truly a leader on growing American jobs, all of the way from California, way out on the west coast, to the gentleman from New York's community on the east coast. I commend both of you for your dogged determination to keep expanding the recovery and doing everything we can to help the American people have increasing paychecks and fulfilling work and a good family life where they are able to raise their children and fulfill their dreams, whatever they might be. I just wanted to come to the floor and talk about America's trade policies for a brief moment and the records. Statistics don't lie, and our trade policies have been costing us more jobs than they have been yielding us for a very long time. The trade policies that have been enacted have actually caused the United States to cumulate since 1976 a staggering number--$9.5 trillion--in trade deficits. That means more imports coming in than our exports going out. Translating that into lost jobs, foregone jobs, 47.5 million lost jobs in that little over a quarter century. The American people say: Why do we have a budget deficit? Well, I will tell you why. When you lose this much productive wealth inside your country to other places, our people start to backslide, and they have been backsliding since the 1980s.…
Said by
Marcy Kaptur
Democratic · Ohio

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