Political Quotes

On the recordMarch 10, 1994
Yesterday the Senate refused to table an amendment I cosponsored with my distinguished colleague, Senator Cochran, which delayed the implementation of burdensome EPA regulations. Regulations have damaged the competitiveness of U.S. businesses. If we are serious about passing legislation to improve the competitiveness of U.S. industry, the Simpson amendment deserves the consideration of my colleagues. Passing the Simpson amendment will do more for Main Street American business than any provision of S. 4. Most Americans do not make their living in the high technology industry or in manufacturing. Manufacturing jobs, as a percentage of all nonfarm employment in the United States, have remained relatively flat for the past 33 years. Most of the jobs created in the United States have not been in the manufacturing sector. Does this mean we are not competitive in manufacturing? Not necessarily. A recent McKinsey & Co. study, 'Manufacturing Productivity,' found that the United States still holds a worldwide edge in manufacturing in certain sectors.
Said by
Larry Pressler
South Dakota

Editor's note · Context

Discussing the impact of EPA regulations on U.S. business competitiveness.

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