Rose George Quotes

A lot of the economy is indeed being supplied by goods that are produced offshore. And much of the reason for that is societal.

If Mexican farm labor is so much cheaper, maybe we should be growing our fruits and vegetables in Mexico. There's absolutely no reason to import Mexicans to do something they could do at home and then sell to us. I believe this is what economists call "competitive advantage".

When an industry matures, it means it's not advancing, and of course the jobs go overseas. That's the obligation of the multi-national corporation: to put the factory where it can make the widget as cheap as possible. Don't get angry when a corporation does that; we've all bought into this concept. We live in a capitalistic society.

Offshoring is only the latest manifestation of the gains from trade that economists have talked about at least since Adam Smith… More things are tradable than were tradable in the past, and that’s a good thing.

Increased fragmentation of production across international borders - a natural outgrowth of the gains from specialization - meant more trade for any given value of final production, thus adding to the major expansion in gross trade flows in the 1990s and 2000s.

Just about everything I own was made in China. Just about everything you own was made in China, too.

America has global trade with plenty of nations that provide inexpensive labor, but it's better for us when they're in our own hemisphere, rather than sending that business halfway around the world.

Why is Caterpillar bad if we create a new job in India or China to receive U.S. exports? It makes no sense to me. We want to drive all the exports we can from the United States. We want to concentrate on all those consumers, outside contractors, customers outside the United States that we possibly can.

If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed in a way in which we have some advantage.

If a foreign country can make a good cheaper than we can better buy it from them.

Practically every smartphone, tablet, and laptop is fabricated in a Chinese factory, even if they are designed here.

Because America doesn't have a strong textile industry anymore, we have to bring things like fabrics, zippers, and color tape into the U.S., and having so many elements involved in production adds to the amount of waste. You might have some things coming from Italy, a button coming from China, or lining coming from Korea; it's just endless.

There is no business in the world - I don't care what it is, whether it's I.T. or manufacturing - that does not have what I may refer to as a blended resource base. You have high-end work. You have engineering work. You have some local knowledge you require. Then, you have some very low-cost work to be done.

The U.S. tends to export high-tech goods because we have strong comparative advantage there, and we tend to import labor-intensive and less skill-intensive goods that other countries can do more cheaply.

It is quite plausible that the process of increased fragmentation of production across borders is subject to 'diminishing returns' and has its natural limits.

The people who are banking on Oriental trade are bound to be disappointed. The United States cannot compete with foreign countries until we can manufacture products at a lower cost, which means cheaper labor

Most American flags are made in China as you know.

Chinese workers making $1000 a year have been helping American designers, marketers, engineers, and retailers making $1000 a week, and up, earn even more.

If trade were completely free, production would only take place under the most suitable conditions.

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

Mexican exports worldwide benefit the U.S. economy because of their high percentage of U. S. content.

I look around my house, and everything except the kids and dogs was made in China. And I'm not sure about the kids. They have brown eyes and small noses.

Donald Trump outsources his ties to China. He outsourced his furniture to Turkey. I know a company in Ohio that could make that furniture in Archibald, Ohio.

China is a great manufacturing center, but it's actually mostly an assembly plant. So it assembles parts and components, high technology that comes from the surrounding industrial - more advanced industrial centers - Japan, Taiwan, South Korea, Singapore, the United States, Europe - and it basically assembles them.

The reality is if something were to happen that cost China jobs - like, if they upwardly revalued the currency a lot - those jobs aren't going to come back to the U.S. They would go to Vietnam; they would go to Thailand. They would go to whatever country was the lowest cost.