Political Quotes

Jim Matheson: I thank the gentleman from Michigan for yielding me some time. Madam Speaker, I find that sometimes when we talk about…

On the recordOctober 12, 2011
I thank the gentleman from Michigan for yielding me some time. Madam Speaker, I find that sometimes when we talk about issues around here, we hear the same thing we've heard for years and years and years, and sometimes that's a good thing. But sometimes it's also important to acknowledge that the world is changing. Things are happening. Globalization is a mixed bag, globalization creates opportunities, but it also creates a lot of challenges. As policymakers, what we need to do is look for where we can best position this country to compete in that changing environment. I rise in support of all three of these agreements, and I will tell you what's going on compared to years ago. The rest of the world's moving on. The rest of the world is opening markets to each other, and U.S. products and U.S. opportunities are being limited by that phenomenon. For example, in Colombia, 2008, the United States was responsible for 46 percent of all the goods coming into Colombia. But what happened after 2008? Well, Colombia entered into bilateral trade agreements with Argentina and with Brazil, and just 2 short years later, in 2010, the U.S. only had 20 percent of the products that were being shipped into Colombia. That's a pretty big drop. About 25 percent of all the materials coming into that country, the U.S. used to have that market and then we lost it.…
Said by
Jim Matheson
Utah
Source
govinfo.gov
Oct 12, 2011

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