Political Quotes

“Mr. Speaker, we have heard references made to jobs; we have heard references made to our trade deficits. The economic concerns involved in trade are important, but I think it is important for us to recognize that trade plays a critically important role in our economy today, and it is because we are less than 5 percent of the world's population and the market is beyond our borders and we have bountiful employment. We are at the biggest increases in gross domestic production that we have experienced in years. In fact, last year over $9.2 trillion was our GDP. I think it is important to recognize, too, the studies have already discovered that better than 90 percent of job dislocation here in the United States is totally unrelated to trade. When we then wonder about these increases in U.S. deficits, it is because of the insatiable appetites we have; and notwithstanding our incredible productivity, we cannot produce enough to meet the demands of the American consumers here at home. Let me conclude with a point, and this deals with the question of sovereignty. U.S. law which approved and implemented America's membership in the WTO makes clear that the U.S. reigns supreme.”