John C. Calhoun Quotes

Flexible supply chains are great for multinationals and consumers. But they erode already thin profit margins in developing-world factories and foster a pell-mell work environment in which getting the order out the door is the only thing that matters.

We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.

The countries we are defending are stealing our markets.

… great contest for commercial supremacy.

Under a system of free trade every branch of industry did not prosper.

When you bring in multi-brand retail items into the country, you're not just bringing the products, but you're also harming local manufacturers.

We can't have our industry progressively destroyed by cheap Chinese imports.

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.

Years of passivity and drift among U.S. policymakers have allowed the U.S. - China trade deficit to grow to the point where is widely recognized as a major threat to our economy.

If you look at Michigan generally speaking. You look at the big auto plants that are being built in Mexico and you look at what is happening with respect to Mexico is like the eighth wonder of the world. And Michigan is getting killed.

There was a proposal in California that would keep out Wal-Mart but allow Costco. You opposed it. Are you nuts? That's true: I always oppose these kinds of things. Competition makes us better. Some of our best stores have a Sam's Club next door.

We're losing our companies; we're losing jobs; they devalue us out of business - China and these other countries.

I truly believe that America's greatness and billions and billions of dollars of our wealth flows away because China doesn't treat us fairly.

We're going right down the toilet, and it's a made-in-China toilet. 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.

By competition the total amount of supply is increased, and by increase of the supply a competition in the sale ensues, and this enables the consumer to buy at lower rates. Of all human powers operating on the affairs of mankind, none is greater than that of competition.

America doesn't make product anymore. You have other countries devalue their currencies. They make it impossible.

When someone says, `Let's impose tariffs on foreign imports,' it looks like they're doing the patriotic thing by protecting American products and jobs. And sometimes for a short while it works - but only for a short time....over the long run such trade barriers hurt every American worker and consumer. Markets shrink and collapse; businesses and industries shut down; and millions of people lose their jobs.

With our trade deals we are always second. You can pick any country and they're eating our lunch and making us look bad and so we're going to change that.

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.

Sugar is gone; silk has gone; iron is threatened; wool is threatened; cotton will go! How long are you going to stand it? At the present moment these industries...are like sheep in a field.

This is official today. China has surpassed the U.S. and now has the No. 1 economy in the world. After hearing this, China's children asked, 'So now can we take a lunch break?'

This is not only a matter of relations between Russia and the United States. In my view, any restrictions in the economic sphere that are dictated by considerations of political expediency are extremely harmful for the world economy as a whole. This destroys unity and the rules of the game.

When you take into public ownership a profitable industry the profits soon disappear. The goose that laid the golden eggs goes broody. State geese are not great layers.

They might be a good friend, but they are also a bitter commercial rival. Let's not kid ourselves.. The American wheat industry has done everything it possibly can to criticize the Australian wheat industry in order to take the Iraqi wheat market from us.

American products are better than the Chinese. We do a better job. We make better products. But because the currency is so low versus the dollar versus other things, and so much lower than it should be, it's very hard to compete for our companies.