Political Quotes

“the National Competitiveness Act is a road map for continued U.S. leadership in the international economy. As an original cosponsor of this legislation, I want to commend Chairman Hollings for his unrelenting efforts to provide a blueprint for government-industry cooperation. He has set objectives that will ensure the United States maintains healthy manufacturing and technology sectors in the face of stiffer international competition. Actually, Mr. President, these two sectors are rapidly becoming seamless. The long-term health of the U.S. economy depends not only on how our country promotes technology but how we apply and disseminate that technology. American manufacturing has recently gone through a painful restructuring as firms cut to the bone during a recession which seemed endless. These cuts were on top of the steady decline in U.S. manufacturing that has taken place over the past two decades as international competition improved. Thankfully, the economy is now on the road to recovery. But the long-term cost of the restructuring that took place is still not yet clear. The National Competitiveness Act could not have come at a more opportune time.”