A Quote by Mitt Romney
We have to understand that America can't just surrender and lose jobs year in and year out. We have to say to our friend in China, look, you guys are playing aggressively. We understand it. But this can't keep on going. You can't keep on holding down the value of your currency, stealing our intellectual property, counterfeiting our products, selling them around the world, even to the United States.
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America can compete with anyone in the world as long as the playing field is level. China's been cheating over the years. One by holding down the value of their currency. Number two, by stealing our intellectual property; our designs, our patents, our technology. We will have to have people play on a fair basis.
I'll also make sure that America has trade relations with China that work for us. I've watched year in and year out as companies have shut down and people have lost their jobs because China has not played by the same rules, in part by holding down artificially the value of their currency. It holds down the prices of their goods. It means our goods aren't as competitive and we lose jobs. That's got to end.
China is stealing our intellectual property, our patents, our designs, our technology, hacking into our computers, counterfeiting our goods.
I basically believe that until China stop stealing our intellectual property, and until they stop keeping our companies out that do good things, the amount we will gain from export jobs is minimized, and the amount we lose in middle class incomes is maximized.
The political establishment has brought about the destruction of our factories, and our jobs, as they flee to Mexico, China and other countries all around the world. Our just-announced job numbers are anemic. Our gross domestic product, or GDP, is barely above 1 percent. And going down. Workers in the United States are making less than they were almost 20 years ago, and yet they are working harder.
In the United States, because we are a nation of laws, you can lose an election and keep your life. In the United States, you can lose an election where you can disagree with our leaders or our government, and you won't lose your business; you won't lose your family, and you won't lose your freedom.
China is stealing all of our secrets out of our computers, using the psychic children, and we're trying to say that it's people here in the United States, but that's not the case. And Russia for sure is able to go into any computer in the world and take all the information out of it.
The defining moment in American economic history is when Bill Clinton lobbied to get China into the World Trade Organization. It was the worst political and economic mistake in American history in the last 100 years. China went into the World Trade Organization and agreed to play by certain rules. Instead, they are illegally subsidizing their exports, manipulating their currency, stealing all of our intellectual property, using sweatshops, using pollution havens. What happens is, our businesses and workers are playing that game with two hands tied behind their back.
If you talk privately to our tech companies, our pharmaceutical companies, our high-end manufacturing companies, the high end of America, where the good-paying jobs are, China is not letting them in unless China gets to steal their intellectual property in a company that`s 51 percent owned by the Chinese.
In this world, some things happen that we can't completely understand. That's OK; we don't have to understand it. All we have to do is understand our self, believe in our self and keep trying and keep pushing forward.
The ideals and the values of the United States inspired the entire world. I don't think any of us can say that our standing in the world now, the way children around the world look at the United States, is the same. And part of what we need to do is to send a message to the world that we are going to invest in issues like education, we are going to invest in issues that relate to how ordinary people are able to live out their dreams. And that is something that I'm going to be committed to as president of the United States.
Our jobs are fleeing the country. They're going to Mexico. They're going to many other countries. You look at what China is doing to our country in terms of making our product. They're devaluing their currency, and there's nobody in our government to fight them. And we have a very good fight. And we have a winning fight. Because they're using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.
So we really need jobs now. We have to take jobs away from other countries because other countries are taking our jobs. There is practically not a country that does business with the United States that isn't making - let's call it a very big profit. I mean China is going to make $300 billion on us at least this year.
Our lives are a series of lowered expectations year after year. We got pounded by everything around us. Just like our parents and their parents. We are products of our social and economic milieu.
I believe the number is 70% of the world's refugees since World War II have been taken in by the United States. Every year, year in, year out, the United States admits more legal immigrants than the rest of the world combined. The United States has granted amnesty before to three million illegals and appears prepared to do it again.
If anybody has any idea of hoarding our silver coins, let me say this. Treasury has a lot of silver on hand, and it can be, and it will be used to keep the price of silver in line with its value in our present silver coin. There will be no profit in holding them out of circulation for the value of their silver content.
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