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Marcy Kaptur: I just wanted to add that if one looks at the automotive industry, and I have all major companies in my district and in…

On the recordJuly 20, 2006
I just wanted to add that if one looks at the automotive industry, and I have all major companies in my district and in my State, and talking about their focus along with our focus, we have to continue to open closed markets of the world. That's where markets expand. You have to put some energy there. You can't just kind of put it on the back shelf. Many years ago President George Bush the first went to Tokyo. I still remember he got very sick at a dinner, and he was there for auto parts talks, market opening talks. And ever since that day, there has never been an aggressive effort by any administration to open up the second- largest market in the world. So we have failed on the trade front significantly. And the major automotive firms have chosen a low-wage strategy rather than an innovation strategy. So they have been moving plants around the globe seeking cheap labor, whether it is China, Mexico, wherever it is, rather than focusing on the innovation that is inherent in the American people that was responsible for the dawn of the automotive age in this country in the first place. Those kind of minds are still out there, but we are kind of wed to old technology and the fact that if you sell a very large vehicle in this country, you make a little more profit than if you sell a smaller vehicle. The larger vehicles use more gas and petroleum-based products. We were stuck in that mold for a very, very long time.…
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Marcy Kaptur
Democratic · Ohio

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