Political Quotes

Tim Ryan: I thank the gentleman. I'd just like to build on a point that the gentleman from New Jersey was making. We need…

On the recordNovember 3, 2011
I thank the gentleman. I'd just like to build on a point that the gentleman from New Jersey was making. We need investments into our economy. This is an opportunity for us to get private investments into our economy. And the gentleman from California was talking about 96 percent of the globe is outside of the United States. What's happening now with the currency manipulation is China is artificially making their products cheaper so that they can ship them here to the United States, and because of that, our products trying to go into China are more expensive. Now, we had dozens and dozens and dozens of Republicans vote for this last year at the end of the session. The Senate has passed this. This is a simple measure where we can send a signal to the country and to the world that if we play fairly with China and China plays fairly with us, we all can benefit. And that will drive investment back into the United States and manufacturing. We had two cases at the International Trade Commission on tires and steel tubing in which China was cheating. The Americans, we put tariffs on these products, we saw job creation come, over $2 billion worth, in the steel tubing industry of investments that have been made since that decision. We've seen tire manufacturers expand in places in northwest Ohio. The SPEAKER pro tempore. The time of the gentleman has expired.
Said by
Tim Ryan
Democratic · Ohio
Source
govinfo.gov
Nov 3, 2011

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