Outsourcing Quotes

Are we better off if we displace jobs and investments to other countries and global emissions go up? I say no. Let's bring that production here and have less emissions globally because we can make things more efficiently and cleaner.

While we have land to labor, let us never wish to see our citizens occupied at a workbench or twirling a distaff. Carpenters, masons, smiths, are wanting in husbandry; but for the general operations of manufacture, let our workshops remain in Europe.

Before Trump, trade policy ceded our manufacturing strength to foreign nations.

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

To be sure, India has achieved enviable success in business services, like the glistening call centers in Bangalore and elsewhere. But in the global jousting for manufacturing jobs, India does not get its share.

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

Walmart's period of explosive growth coincided with decades of wage stagnation and deindustrialization. By applying relentless downward pressure on prices and wages, the company came to dominate both consumer spending and employment in small towns and rural areas across the middle of the country.

The overwhelming number of Democrats... think our trade policy has gone in the wrong direction. They think that our trade policy encourages companies to leave the country. They think our trade policy has caused more and more businesses to outsource.

Globalization and technical change are the guarantee of our future prosperity. And reversing on that will not only make things worse, but it will make things worse for a very large number of people around the world who have benefitted - people in China and India who have been dragged out of the most awful poverty.

One thing I've had to realize in my career is that I can't do it all. Sometimes we put a lot of pressure on ourselves to make sure we're writing the next hit. There are other people out there, and that's what they do every day, and they have strengths that I don't have.

U.S. trade policy has been a disaster for American workers.

To assert, as some have, that illegal immigrants do not depress wages because they do the jobs Americans refuse is the kind of nonsense economists speak when they strain to be counterintuitive. It is similar to saying that cheap imports do not hold down prices.

Shipping middle-class jobs to China, or hollowing them out with machines, is a win for smart managers and their shareholders. We call the result higher productivity. But, looked at through the lens of middle-class jobs, it is a loss.

There is one rule of action more important than all others. It consists in never doing anything that someone else can do for you.

Lots of hardworking, blue-collar people across America have lost their jobs since the 1990s - victims of the globalist policies of the Bushes and Clintons.

I think there's a big difference between the impact of trade agreements on corporate America and the impact on Mr. and Mrs. America. Corporate America has adjusted to them by investing lots of capital offshore... What we're doing is we're exporting jobs and importing products instead of exporting products and keeping jobs.

I said these trade deals are going to be terrible: we're going to lose manufacturing jobs, factories abroad; the real wages of Americans are not going to rise. People are coming across the border; it has got to be stopped.

Human labor is becoming the cheapest of commodities.

Unfortunately, we have lost our manufacturing capacity.

Trump, who in his own history as a developer preferred mob concrete and Chinese steel to the variety produced in the Rust Belt, cannot bring back the steel and manufacturing jobs lost in Lorain, Ohio or western Pennsylvania.

Globalization obviously has the potential to be good. That doesn't mean it's good for everybody. There's a very large number of people in India and China who benefited directly from globalization, but it doesn't mean everybody in America benefits from globalization.

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.

There are people walking around the streets of Kansas City who are unemployed, while one of our largest employers is not only sending jobs aboard, but then turning around and making a statement about preserving jobs.

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.

China is investing in factories in Eastern Europe, not because their labor costs are lower, but because they want to be closer to their markets.