Fareed Zakaria Quotes

Globalization: We get cheaper running shoes—You lose your job!

The people see the layoffs. We must also show them the payoffs of trade.

People feel these job-killing trade agreements have really squeezed the middle class and caused lots of people to lose their middle-class status.

Whole communities have been devastated as good-paying jobs continue to leave the U.S.

That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.

Beneficial in theory, so-called free trade agreements far too often have been detrimental to the United States economy and the manufacturing sector that forms its central pillar.

Unfair trade deals like the North American Free Trade Agreement eviscerated good-paying manufacturing jobs, putting more than 3 million U.S. workers out of work.

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.

Debates about trade inevitably revolve around the question of jobs, even thought trade has little effect of aggregate employment levels.

Free trade would place our farmers and workers in competition with peasant and sweated labor products.

We have little of no inflation in manufacturing goods because more and more we buy products from abroad at very cheap prices.

Free trade is killing the labor movement.

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

Unfortunately, we have lost our manufacturing capacity.

We want to export our products but not our jobs.

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

What is the cause of unemployment? Quite simply and unequivocally it is caused by paying ourselves more than the value of what we produce.

While the Japanese are shipping us Toyotas, they’re exporting something more important than cars. They’re sending us unemployment.

I am all in favor of growing the American economy and engaging in trade with the world, but not at the expense of American workers. The North American Free Trade Agreement is a perfect example of this. Ask the textile workers of North Carolina how NAFTA worked out for them - if you can find any.

The economic reality is that, thanks to smart machines and global trade, the well-paying, middle-class jobs that were the backbone of Western democracies are vanishing.

Miramar took jobs away from China; usually the jobs leave the U.S. and go to China.

Manufacturing and other unskilled professions that were union jobs, that allowed people to live a middle-class life, are disappearing both because unions are disappearing and because of the global nature of the economy.

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.

Unemployment is due to the large import of goods from Britain and other countries. The Government haven't used the powers which they have for the benefit of the country.

In the U.S. there are many people willing to work on $9 per hour, which is causing Tasmania to lose its famous apple industry and Australia to import more and more of its fruit and food from lower cost countries. In fact, all over Australia there are warning signs of us killing or restricting our own industries.