Famous quote by Jo Ann Emerson

"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"

About this Quote

The quote by Jo Ann Emerson underscores the essential function of transport infrastructure in dealing with trade imbalances, particularly through exports. Emerson highlights the vital function that trucks and barges serve in the financial community by facilitating the motion of products to ports, which are entrances to global markets. This logistical network is portrayed as a "important connection", emphasizing that without these modes of transport, the ability to trade efficiently would be badly obstructed.

The reference to the "only force which can stabilize our trade deficit: export", suggests that increasing exports is crucial for economic stability. The trade deficit, which occurs when a country imports more than it exports, can have numerous unfavorable repercussions such as increased foreign financial obligation and a weaker currency. By concentrating on exports, a nation can promote domestic production, assistance job development, and attain a much healthier balance of trade.

When Emerson says, "We should keep doing what we do best", she is most likely advocating for leveraging the strengths and abilities of the American economy to increase export activities. This could include keeping high standards in production, capitalizing on market know-how, and continuing development to stay competitive in the global market. The expression "doing what we do best" conveys a sense of self-confidence and encouragement, indicating that the United States has inherent strengths in specific sectors or industries that could drive financial development.

The final part of the quote--"if we are going to get America out of the red"-- utilizes a monetary metaphor where being "at a loss" represents financial obligation or deficit, while "out of the red" indicates attaining solvency and financial health. It recommends a sense of seriousness and action, requiring a tactical concentrate on exports as a pathway to economic stability. Thus, Emerson's statement is a call to action for infrastructural assistance, tactical financial planning, and utilizing nationwide strengths to rectify the trade balance.

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USA Flag This quote is written / told by Jo Ann Emerson somewhere between September 16, 1950 and today. He/she was a famous Politician from USA. The author also have 7 other quotes.
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