Quotes of the Day
“It took the Bush administration seven years and more than 3 million lost manufacturing jobs to finally permit U.S. anti-subsidy laws to be applied on imports from China. But that decision could be revoked at any time. We know we can’t rely on the whims of the Bush administration to support U.S. manufacturers. That’s why I’m calling for changing our laws to send China and other non-market economies a simple message: ‘If you subsidize your exports and hurt our manufacturers, you’ll pay the price.’”
–Sen. Hillary Clinton (D-NY), in a speech before the Association of American Manufacturers in Pittsburgh, Pennsylvania Monday.
“Seeing the living standards of the Chinese people improve is a good thing – g
ood because we want a stable China, and good because China can be a powerful market for American exports. But too often, China has been competing in ways that are tilting the playing field. It’s not just that China is following the path taken by so many other countries before it, and dumping goods into our market while not opening their own markets, something I’ve spoken out against. It’s not just that they’re violating intellectual property rights. They’re also grossly undervaluing their currency, and giving their goods yet another unfair advantage.”
–Sen. Barack Obama (D-IL), also speaking to the Association of American Manufacturers Monday.
