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Rubio: To Counter China We Must Invest in America

Dec 10, 2019 | Comunicados de Prensa

Washington, D.C. — U.S. Senator Marco Rubio (R-FL) addressed students at the National Defense University (NDU) on “American Industrial Policy and the Rise of China.” Building off of his speech on common-good capitalism last month at Catholic University, Rubio will define the United States’ objective towards China, describe the urgent need for American policymakers to set and pursue economic priorities, and outline the need for a 21st-century pro-American industrial policy.
 
Rubio’s remarks as prepared can be found here. Rubio’s full speech can be viewed here. 
 
Earlier this year, Rubio released a report titled “Made in China 2025 and the Future of American Industry.” The report outlines the challenges posed by China’s whole-of-state industrial planning for America’s prosperity and productivity, including the jobs and wages of American workers and small businesses.
 
The second product of Rubio’s Project for Strong Labor Markets and National Development is a report titled, “American Investment in the 21st Century,” which outlines how economic growth is now more driven by finance than innovation in the production of real assets, a fundamental shift in the U.S. economy that has occurred over the last four decades.