On the recordJune 30, 2005
I congratulate my colleague Senator Allard on his ability to move that legislation so rapidly. It makes you wonder maybe if we could do more things around here that way. My colleague from North Dakota raises a concern about trade deficits. This is something I have worried about, too. A lot of people seem less concerned than we, but it does bother me. There is some good news out there. We are getting jobs outsourced to our country. Alabama just had a number of good news items. Our Mercedes, Daimler-Chrysler plant has doubled its employees to 4,000. Honda just doubled its plant in Alabama to 4,000. Hyundai, a South Korean company, just rolled out its first new automobile in a plant that will have 4,000 employees and 7,000 employed by suppliers who provide parts and components. Toyota has some 600 in the state as well. Austal, an Australian company, is building ships in Alabama. I don't know exactly how trade works. I am not able to comprehend it all. Sometimes it works good for you, and sometimes it doesn't. I am not religious about free trade. I think there are some people who have it in their heads that if we have free trade, there will be peace in the world and cancer will be cured and there will be no problems left. That is not exactly so. But trade is good. The more we trade, the better we get along, the more prosperity that appears to exist. In my home State, unemployment continues to fall and is now below 4.5 percent. It has been falling regularly.…
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