Peter Navarro Quotes
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Cheap labor is a small part of the problem at work here. If it were only cheap labor, America would be in trouble. Because it's other things, too, we have a great chance to turn it around. Here's the problem: Our high corporate tax rate pushes our companies offshore. Our high regulatory burden pushes our companies offshore.
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I teach MBAs. And I noticed, starting a few years after China joined the World Trade Organization, that a lot of my students were no longer employed. They were still coming to get their MBA, but they'd lost their jobs. And I started to ask questions why. And, at that point, all roads were leading to Beijing.
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I don't know why so many people in America hate Hillary Clinton; I found her to be one of the most gracious, intelligent, perceptive, and, yes, classy women I have ever met.
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If you study how Ronald Reagan won first the 1980 election and then in 1984, what Reagan did is what Trump is going to do, and that is pull in a tremendous amount of blue-collar workers who have felt abandoned by the Democrats.
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As time has gone by, I have looked more and more like Paul Revere than the alarmist my critics have sought to portray.
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We envision a more Germany-style economy, where 20 percent of our workforce is in manufacturing. And we're not talking about banging tin in the back room. We're talking about high technology across the board, whether it's computer chips or cars or anything in between.
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We've got tremendous dumping of steel into our country and aluminum into our country - all manner of products being sold in our country at below cost, stealing American jobs or depressing wages.
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One of the principles of the Trump administration is that we will never sacrifice our economy on the altar of foreign policy.
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Even though Mr. Trump is a billionaire, he is still able to relate to average working men and women. The billionaire gets along with the bricklayer.
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The last thing a Trump administration plans is a trade war. The issue simply is getting a decent trade deal with each of the major trading partners.
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The defining moment in American economic history is when Bill Clinton lobbied to get China into the World Trade Organization. It was the worst political and economic mistake in American history in the last 100 years.
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Manufacturing is the seed corn for other jobs in the U.S.
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Al Gore has all of the positive attributes of Bill Clinton but is saddled with none of his negatives. He's a great big teddy bear of a political figure - Teflon coated, road tested, and everyone's nice guy.
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It's extraordinary to me - you cannot name a presidential candidate in history who has singlehandedly, through bad trade deals, destroyed more American jobs and more American factories than Hillary Clinton. She did NAFTA, she did China's entry into the World Trade Organization, she did the South Korean 2012 deal - every single one of those.
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The American people have been kicked in the teeth by unfair trade for decades.
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It does the American economy no long-term good to only keep the big box factories where we are now assembling 'American' products that are composed primarily of foreign components. We need to manufacture those components in a robust domestic supply chain that will spur job and wage growth.
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Here's the broader inconvenient truth for both Clinton and women's rights that Trump is more than willing to tell voters: Islam, as it is practiced in most countries around the world, suppresses women's rights - the only issue is the degree of severity of the repression.
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The basic problem is for a congressman or a president to get elected, they need obscene amounts of money. And the only place you can get obscene amounts of money is from Wall Street and the big corporations who benefit from shipping our jobs and our factories overseas - that's the fundamental political problem.
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If money is the root of all evil, then China's manipulation of its currency, the yuan, is the tap root of everything wrong with the U.S.-China trade relationship.
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For those of you who still believe in the Easter Bunny and that the letters that appear in your local newspaper come from concerned citizens who really care, I've got troubling news. At least in politics, most of the letters that get published on the letters-to-the-editor page originate in the campaign headquarters of the candidates.
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We're already in a trade war with China. The problem is we've not been fighting back. Trump, through tariffs, wants to call a truce.
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My citizen activism is a direct outgrowth of a classical and fiscally conservative training in economics at Harvard. It is a perspective rooted in one of the most important concepts in economics - the need for government intervention in the presence of a market failure.
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My fellow economists and academics fail to understand the economics of trade in the real world. Traditional models of academia respect free trade without considering whether it is fair trade.
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If there is one good thing I can say about the Republicans, it is that they are generally better than Democrats at putting the interests of their party above the interests of any one of its members.