Peter Navarro Quotes

GDP simply measures the circulation of money in the economy, not whether or not the outcome of using that money is positive or negative.

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.

The human world lives in a framework called global economics. We live in a system based on GDP, which drives consumption. it causes people to compete with each other through trade in a way that they all grow.

By definition, by reducing our trade deficit we will be hurting consumers. Consumers are always better off with a trade deficit.

Let’s export American products, not American jobs.

The experience of our unions and our members with past trade agreements has led us to question critically the extravagant claims often made on their behalf. While these agreements are inevitably touted as market-opening agreements that will significantly expand U.S. export opportunities and therefore create export-related U.S. jobs

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.

Global demand for dollars has supplanted demand for manufactured goods and services, resulting in multilateral trade deficits and loss of jobs at home.

NAFTA stripped us of manufacturing jobs. We lost our jobs. We lost our money. We lost our plants. It is a disaster.

We've become increasingly addicted to consumption of goods that we don't produce ourselves, and a lot of the manufacturing has gone overseas.

Jobs is the one area where I think Donald Trump is striking a chord that really resonates and should resonate. Both parties need to do a better job of rejecting poorly negotiated trade agreements. And I would put the president's TPP, the Trans-Pacific Partnership agreement, in that category. We have lost thousands of manufacturing jobs just in the state of Maine alone, and that resonates with people, and understandably so.

When I look at all of the things that I see and all of the potential that America has, we have such tremendous potential, whether it's in business and trade, where we're doing so badly.

OK, so here's the deal. First of all, "The Wall Street Journal" was bought for $5 billion. It's now worth $500 million, OK. They don't have to tell me what to do. "The Wall Street Journal" has been wrong so many different times about so many different things. I am all for free trade, but it's got to be fair. When Ford moves their massive plant to Mexico, we get nothing. We lose all of these jobs.

If in fact the rates go up because the president refuses to budge then he will have to answer for that next year when our economy is not growing. When, unfortunately, people lose their jobs who work at a dental clinic as a medical billing specialist, or the paralegal at a law firm loses their job, or the courier at the law firm loses a job, these are not millionaires and billionaires.

In his annual economic report to Congress President Bush said that the transfer of American jobs overseas is actually part of a positive transformation that will enrich the U.S. economy over time. So basically, losing your job to someone else can be a good thing. Of course we'll see how he feels about that in November.

What a country wants to make it richer is never consumption, but production. Where there is the latter, we may be sure that there is no want of the former. To produce, implies that the producer de_sires to consume; why else should he give himself useless labor? He may not wish to consume what he himself produces, but his motive for producing and selling is the desire to buy. Therefore, if the producers generally produce and sell more and more, they certainly also buy more and more.

Obamacare is the nation's biggest job killer and stands in the way of our country's economic growth and prosperity. It should be defunded and repealed. President Obama should hear the pleas from the untold number of Americans who are losing their jobs, wages, and healthcare plans, and Congress should act immediately to stop Obamacare from inflicting any more damage on the country on our hard-working citizens.

America is being absolutely devastated with bad trade deals.

We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.

Over the years, we have lost millions of decent paying jobs. These trade agreements have forced wages down in America so the average worker in America today is working longer hours for lower wages.

will stifle economic growth, destroy jobs, reduce revenues, and increase the deficit.

I really want to focus on economic growth and growing the economy.

But now that foreign steel, and foreign cars, are moving into the United States in increased quantities at relatively low prices, the United States can no longer keep its business system fluid by inflation.

One thing we're going to do is talk just about that: Obamacare, jobs. Our jobs are being taken away from us. Companies, as we speak, are signing documents with Mexico and other places to move. Our jobs be being... Look at Ford two weeks ago. Ford Motor. They're gonna make all of their smaller cars in Mexico. They're gonna move everything outta here. And so many... I mean, Carrier air-conditioners. I talk about all these companies. There are hundreds of companies. They're moving out to Mexico and other countries.

Our gross domestic product, or GDP, is barely above 1 percent. And going down.