Marcy Kaptur: “Alan Greenspan has said fundamentally to the Congress, this is unsustainable. We cannot keep displacing production and…”

“Alan Greenspan has said fundamentally to the Congress, this is unsustainable. We cannot keep displacing production and bringing it in from elsewhere without ultimately having an impact on your ability to produce and create not just money for a country, but wealth. We can print a lot of money, but what is standing behind it is the productive wealth of a society. That is what we are displacing. Mr. DeFAZIO. Mr. Speaker, Alan Greenspan said in an article in Business Week that over the past 6 years, 40 percent of the increase in the U.S. capital stock was financed by foreign investment, a pattern that will require an ever-larger flow of interest payments going out to foreigners. He said, "Countries that have gone down this path invariably have run into trouble."”