Fred Thompson Quotes
In the long run, trade works for America.
Fred Thompson, U. S. Senator (Republican, TN), Occasional Actor, Republican Candidate for the Presidential Nomination, Campaign Speech, Davenport, Iowa, September 12, 2007
Sourced by: Eigen's Political and Historical Quotations
Foreign trade creates jobs and eliminates jobs. The people who lost jobs as the result of increased foreign trade are readily identified while the job beneficiaries may never know the reason. So it is a hard political sell even though most of the economic studies have showed that more jobs of more value are created by trade than lost. However, the losers are generally blue collar workers while the beneficiaries are generally white collar and knowledge workers. So there is a socioeconomic class differentiation in the trade issue.
Freddie Dalton Thompson was an American politician, attorney, lobbyist, columnist, actor and radio personality. A member of the Republican Party, he served as a United States Senator from Tennessee from 1994 to 2003; Thompson was a candidate in the 2008 presidential primaries.