A Quote by Charles Boustany
The United States cannot achieve significant economic growth without expanding exports.
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Venezuela is independent. It's diversifying its exports to a limited extent, instead of just being dependent on exports to the United States. And it's initiating moves toward Latin American integration and independence. It's what they call a Bolivarian alternative and the United States doesn't like any of that.
As economic globalization gathers momentum, China and the United States have become highly interdependent economically. Such economic relations would not enjoy sustained, rapid growth if they were not based on mutual benefit or if they failed to deliver great benefits to the United States.
Why is Caterpillar bad if we create a new job in India or China to receive U.S. exports? It makes no sense to me. We want to drive all the exports we can from the United States. We want to concentrate on all those consumers, outside contractors, customers outside the United States that we possibly can.
There has almost never been a period of substantial economic growth in the United States without significant investment. And no investment pays off within the same cycle. No investment pays off within the same year - especially a governmental investment. Even businesses don't work that way.
Our broken tax code is one of the main reasons the United States lags behind when it comes to economic growth, job creation, and competitiveness. Without pro-growth tax reform, our workers and our businesses will continue to suffer.
Of course, the UK is a significant economy that makes up a quarter of American exports to the EU, more than 50 percent of our exports in certain sectors and over 25 percent of the government procurement opportunities we have in Europe. Brexit reduces the size of the TTIP deal for the United States, and there will need to be an adjustment of expectations accordingly, but Brexit underscores the value of reaching an agreement at this critical moment in the evolution of Europe.
Europe is very critical to the United States in the sense not only do we have a fourth of our exports there, but more importantly, a significant proportion of the foreign affiliate profits in fact, half of U.S. corporations, are in Europe.
Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Eventually economic growth reaches the point at which the accumulation of wealth in the families of achievers becomes so significant that the hatred and envy of success become stronger than the desire for continued economic growth, and a period dominated by resentment begins.
In pursuing economic growth, India and the United States share similar values and similar challenges. We understand that the global economy is here to stay. To keep growing and leading the world in innovation and opportunity, the United States and India must trade freely, openly, and according to the principles of the global marketplace.
The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation.
President Obama and I recognize the importance of strong economic engagement for the continued growth of both the Philippines and the United States.
Economic growth is important. But we cannot count on economic growth alone to fund the public education system our children need and deserve.
One cannot have economic growth without security.
Germany is a capitalist state nurtured carefully and brought back to prosperity by the United States, and it is very loyal to the United States. I don't even think the Germans enjoy full sovereignty. There are some things which they cannot do if the United States doesn't wish them to do it.
To the extent that the United States has, I don't like the word hegemony, the United States has influence around the world, I don't think that's based on to any significant degree on the fact that countries use the dollar as their major reserve.
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