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. Wilbur Ross Read Quote
My wife Hillary sometimes accuses me of trying to reinvent the 19th century. In some ways she’s right because I like things that I can understand and that aren’t too complicated. Wilbur Ross Read Quote
Regulations don’t solve things. Supervision solves things. If we could figure out that the subprime thing was a train wreck that was coming, where were the regulators? Wilbur Ross Read Quote
If you want to do something to destroy consumer spending, just eat away at the middle class because the other problem we have is the structural problem of middle class America. Wilbur Ross Read Quote
I think it’s natural for any manager to want to grow his business. The question is at what rate, and in what direction, and in what format? Wilbur Ross Read Quote
The E.U., China, and Japan all talk free trade, and they all practice protectionism. Wilbur Ross Read Quote
The rules of origin in NAFTA need some tightening. Rules of origin are what let material outside of NAFTA to come in and benefit from all the taxes and tariff reductions within NAFTA. Wilbur Ross Read Quote
There isn’t a bank in the world that could withstand a run. They all borrow short and lend long, regardless of what they say. Wilbur Ross Read Quote
Banking, I would argue, is the most heavily regulated industry in the world. Regulations don’t solve things. Supervision solves things. Wilbur Ross Read Quote
