A Quote by Virginia Foxx

China is crippling our manufacturing economy and eliminating our jobs by illegally flooding our markets. — © Virginia Foxx
China is crippling our manufacturing economy and eliminating our jobs by illegally flooding our markets.
From 1947 to 2001, the American economy grew annually at a rate of 3.5 percent. After China got into the World Trade Organization, got access to our markets and flooded our markets with its illegally subsidized exports, we grew at a rate of 1.8 percent from 2002 to 2015. That's almost cut in half.
China is still our largest trading partner; however, complementarity between our economies is decreasing. We had the ability to organize a manufacturing process, and then we moved our manufacturing capability to China to make use of their labor pool.
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.
At a time when we are losing manufacturing jobs in this country, we should be doing everything we can to help our manufacturers stay competitive. They are the backbone of our economy.
At the moment we are hard-wired into the European markets - 50% of our exports go to Europe - and that has not been good for the UK. So I'm not saying "make Britain entirely dependent on China". I'm saying "let's diversify a bit". When I became chancellor, China was our ninth largest trading partner. This is the world's second biggest economy. China was doing more business with Belgium than it was with Britain.
We will achieve North America energy independence by 2020, by taking full advantage of our oil, our gas, our coal, our renewables and our nuclear power. Abundant, inexpensive, domestic energy will not only create energy jobs, it will bring back manufacturing jobs.
U.S. security is enhanced when we cooperate with China on challenges from North Korea to Iran to South Sudan. Our trade relationship strengthens our economy and supports American jobs.
Mitt - what I speak to Mitt Romney about is jobs. What I speak to Mitt Romney about is China, because he's got a great view on China and how they're trying to destroy our country by taking our jobs and making our product and manipulating their currency, so that it makes it almost impossible for our companies to compete.
The economy is very sick. We're losing our jobs to China to Japan to every country. We're making horrible trade deals. We are losing jobs in this country. Hundreds and hundreds of thousands of jobs are being lost. And part of the reason is our taxes are so high in this country. I'm also cutting, you know they don't talk about that.
It requires a different holistic approach and a recognition that it's not simply a question of stepping into China's shoes. Our 'Make in India' has to be different from China's in the sense that we have to do a 'taal-mel' or 'jugalbandi' of our IT skills that exist and our evolving manufacturing skills and become intelligent manufacturers.
I think there are more transgendered in America than there are people who worry about the comfort and security who broke in our country illegally, who are living here illegally, are taking jobs illegally, how quickly it moves doesn't really matter.
China wants to take our economic place in the world and, in doing so, will devastate our economy at the expense of our future and our families' futures.
I think the only way to actually move China in a positive direction is to disengage from China, to decouple our economy, our cultural ties, our sporting ties so that you put pressure on their regime.
NAFTA stripped us of manufacturing jobs. We lost our jobs. We lost our money. We lost our plants. It is a disaster.
With living wage jobs, basically 20 million of them to help jump-start a sustainable and healthy economy, with an insured, just transition, for example, for workers in both the fossil fuel and in the weapons industry, because they all need to transition to sustainable forms of production. This is also our answer to the departure of manufacturing jobs and good jobs by creating the manufacturing base here for clean renewable energy and the efficiency systems and public transportation to put these workers to work in jobs that are actually good for them.
We will discard the failed policies and division of the past and embrace true American change to rebuild our economy, rebuild our inner cities - they need help so desperately - and rebuild our country. We will bring back our jobs, and we will not let our jobs go to other countries.
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