Famous quote by Howard Coble

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I fear that CAFTA will accelerate the demise of these domestic textile jobs
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"I fear that CAFTA will accelerate the demise of these domestic textile jobs"

- Howard Coble

About this Quote

This quote by Howard Coble reveals his issue that the Central American Free Trade Agreement (CAFTA) will cause the additional loss of domestic textile tasks. This is a legitimate issue, as open market agreements typically lead to the outsourcing of tasks to nations with lower labor costs. This can have a disastrous impact on domestic industries, as business are incentivized to move their production overseas. This can lead to task losses, lower earnings, and a reduction in the quality of items produced. In addition, it can cause a decrease in the number of domestic textile tasks, as business are able to discover cheaper labor somewhere else. As a result, Howard Coble is concerned that CAFTA will speed up the demise of these domestic textile jobs.

About the Author

USA Flag This quote is written / told by Howard Coble somewhere between March 18, 1931 and today. He/she was a famous Politician from USA. The author also have 22 other quotes.

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