Kit Bond Quotes

There are now hundreds of thousands of new engineers that are being trained in China. If people start finding themselves losing their jobs, not to the Chinese here but because China has become such a dominant force - then there could very well be a backlash.

There is a large change coming in the jobs of America and competition from abroad. We should prepare for it rather than let history overwhelm us.

This 21st century economy holds great promise for our people. But unless we give all Americans the skills they need to succeed, countries like India and China will take good-paying jobs that should be ours.

People are worried about what’s going to happen to their jobs. There’s a lot of off-shoring and out-sourcing taking place. There’s a lot more mobility of labor and of people. Unless we explain what’s happening, people will resort to protectionism and xenophobia.

We have come to the point where a new machine invented in England deprives millions of Chinese workers of their livelihood within a year's time.

The bottom line is there are lots of problems that were not created by government. The biggest one is loss of middle class incomes, loss of good-paying jobs which was created by technology and globalization. Above all, when you can move a job to China or India, it reduces wages.

The more the division of labor and the application of machinery extend, the more does competition extend among the workers, the more do their wages shrink together.

In the four decades after World War II, manufacturing jobs paid more than other jobs for given skills. But that is much less true today. Increased international competition has forced American manufacturers to reduce costs. As a result, the pay premium for low-skilled workers in manufacturing is smaller than it once was.

Our great history has been that people came to Michigan because you didn't have to have a college degree to get a good-paying job. Consequently, we have got a larger number of our population that right now are facing outsourcing, et cetera, without higher or advanced degrees.

Low-wage jobs have gone offshore. We need to innovate to stay competitive.

You know, in China, they say, come on over, we'll build the plant for you. Of course, then they steal your patents, but the reality is that they are aggressively trying to take our jobs. Every other country is. They know that to have a middle class, you have to make things.

Every day more Americans watch their jobs being shipped overseas.

One of the great dilemmas for America will be that American companies will do very well while American workers might not.

We've outpaced Japan and Europe in creating new jobs, but there's major competition from India and China. It's not enough to make income tax cuts permanent.

This country has been economically successful because of cheap energy and cheap labor and we are never going to have these again.

Despite all the political sound and fury, little service-sector offshoring has happened to date. But it may eventually amount to a third Industrial Revolution, and industrial revolutions have a way of transforming societies.

Human labor is becoming the cheapest of commodities.

The loss of manufacturing jobs is a sign of economic health.

In the matter of labor, whether common or skilled, the white artisan has no chance to compete with Orientals upon their own soil, or—except in the manufactures wholly depending upon the applied sciences—upon any other soil. White labor has never been able to compete on equal terms with Oriental labor.

Fundamentally, where you have an industry in which labor is the primary cost, we can’t compete and probably shouldn’t.

Technology has been advancing so fast that the number of jobs globally in manufacturing is declining. There is no way that Trump can bring significant numbers of manufacturing jobs back to the U.S.

When American workers are losing their jobs to people in other countries, Washington cannot afford to ignore this disturbing trend any longer. While Democratic presidential candidates want to just blame U.S. corporations, the reality is that their strategy won't help protect American workers or save their jobs.

Globally, manufacturing jobs are on the decline, simply because productivity growth has outpaced growth in demand.

There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had some recovery in manufacturing employment as the economy's recovered.

I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization.