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Jo Ann Emerson Quotes

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All those trucks and barges that carry our goods to port are vital connections to the only force which can balance our trade deficit: export. We must keep doing what we do best if we are going to get America out of the red.

With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that.

America's largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner.

As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade.

China is not only formidable, it is also aggressively building its own economic infrastructure. Just a few years from now, China will rival the U.S. and the European Union in global market power. It already has surpassed us in population.

Already, China has undermined U.S. foreign policy in efforts to gain access to oil resources in Iran and Sudan. We simply cannot separate the political and economic values of oil.

America won the Cold War by protecting our strategic resources from the threat of foreign control. We must bring the same attitude to our trade relationship with China.

A key U.S. initiative in this trade war must be to develop reliable trading partners in the world.

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Today's Quote

We lived together as kids, and now we're taking care of each other as men.

Quote Of The Day

Today's Shayari

तुम्हें मांगने के बाद_मैंने,
बाकी__सब_तुम्हारे___लिए__माँगा.

Shayari Of The Day

Today's Joke

फेकू ने पप्पू से पूछा: 'मोहब्बत शादी से पहले करनी चाहिए या शादी के बाद?'

पप्पू ने कहा: 'कभी भी...

Joke Of The Day

Today's Status

Life is perishable the quicker you consume it, the better it feels. Stop thinking, start living. Good morning!

Status Of The Day

Today's Prayer

Speak in faith, and everything you declare shall be yours. No weapon formed against you shall prosper, and every tongue...

Prayer Of The Day

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