Madam President, I rise today to speak about the issue of creating jobs in America--more specifically, the loss of jobs that has been driven by the unfair trade practices of China. The bottom line is this: Chinese manipulation of currency is a tariff on American products and a subsidy to Chinese exports, greatly disadvantaging manufacturing in America and destroying thousands of American jobs. When we look at our challenge, it is not to simply strengthen the overall economy, often measured by the gross domestic product. Our challenge is to strengthen the American family, the financial foundations that depend upon a good living-wage job. So every proposal we consider should be weighed by whether it creates jobs or destroys jobs. That is true in times of a robust economy. It is particularly true now when we have a persistent high unemployment rate, when families have been battered not just by the loss of jobs but by the loss of equity in their homes, by the loss of their health care that went with their jobs, by the loss of their retirement savings--all of these at a time when the price of things fundamental to families keeps going up. There are many who looked to the opening of China as an opportunity to have a vast market for American products. Indeed, many continue today to talk about China in terms of the market opportunities for American products.…
Share & report
More from Jeff Merkley
Mr. President, I ask unanimous consent that Chance Mitchell, a law clerk on the Budget Committee minority staff, be granted floor privileges during consideration of S. Con. Res. 7. The PRESIDING OFFICER. Without objection…
I ask for the yeas and nays. The PRESIDING OFFICER. Is there a sufficient second? There appears to be a sufficient second. The clerk will call the roll. The legislative clerk called the roll. The result was announced--yeas 47, nays 53, as…
Mr. President, I call up my amendment No. 473 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report the amendment by number. The legislative clerk read as follows: The Senator from Oregon [Mr. Merkley]…
Mr. President, I would ask unanimous consent that privileges of the floor be granted to Nathan Sansone today, my shadow intern. The PRESIDING OFFICER. Without objection, it is so ordered. ____________________





