Arthur Laffer Quotes

In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.

Barack Obama likes to point to General Motors as the poster child for the job creation success of his economic policies. However, whatever your sentiments about the government's bailout of General Motors, for every job Barack Obama 'saved-or-created' in the U.S. there were two jobs off shore.

Businesses are no longer receiving the cost savings from outsourcing that they once did.

Will the industry outsource more? I think it depends on the client base.

If we ramp up capabilities in China, including additional 737-related work, the actions that we'll take are actions that ultimately allow us to grow jobs in the U.S.

By offshoring the production of their products, U.S. corporations transferred technology, physical plant, and business knowhow to China.

The other part of outsourcing is this: it simply says where the work can be done outside better than it can be done inside, we should do it.

The United States and Arizona are both losing jobs to offshore locations.

Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation.

The direct investment of Japanese businesses to East Asian economies accelerates the reallocation of their production bases. Consequently, between Japan and the other East Asian countries, both exports and imports are growing substantially.

Trade helps bring us products cheaply, but there is no guarantee whatsoever to assume that it will allow us to replace the jobs that have been lost, and there is no mechanism under productivity that says that, either.

Outsourcing was the bogeyman of the '90s. Protectionists portrayed it as an evil that would take American jobs away. Yes, some jobs did go offshore as people feared, but it made the global economic pie grow bigger.

The important thing about outsourcing or global sourcing is that it becomes a very powerful tool to leverage talent, improve productivity and reduce work cycles.

Let’s export American products, not American jobs.

Are you a Democrat because you're a union member? Then why, after eight years of Bill Clinton, does some Chinese guy in Guangdong province have your job?

Increased trade is crucial to a balanced plan for stimulating growth and job creation on both sides of the Atlantic.

I know companies in Cleveland that could make the suits and the other things that Donald Trump has outsourced.

Miramar took jobs away from China; usually the jobs leave the U.S. and go to China.

Are we better off if we displace jobs and investments to other countries and global emissions go up? I say no. Let's bring that production here and have less emissions globally because we can make things more efficiently and cleaner.

Once companies begin to outsource, they never go back.

We're not in the business of taking large operations in the U.S. and moving them overseas.

The way to attack the entitlements problem is to bring the jobs home. This could be done by taxing corporations according to the location, domestic or foreign, at which they add value to their product.

You're not going to bring back all the jobs from China.

Offshoring is like the winter. You don't ask if it is good or bad - you ask what do you do about it. The answer is you dress warmly.

I teach MBAs. And I noticed, starting a few years after China joined the World Trade Organization, that a lot of my students were no longer employed. They were still coming to get their MBA, but they'd lost their jobs. And I started to ask questions why. And, at that point, all roads were leading to Beijing.