Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we
By the United States of america. You go out and look at all the speculation. I would suggest right now it is speculation about what china will do, but there is no speculation that they will do something. Jonathan there is a broader story to acknowledge, whether it is the economy and trade, whether it is foreign in the , the commonsea denominator is trust and the lack thereof. You see it playing out more in the last couple of months. Tom it is worldwide. SyrIan Duncan Smith was on. Ir Ian Duncan Smith was on there is a Global Messaging here about china and what to do with their economic and military assertiveness. Jonathan for the equity market, we are down just eight points on the s p 500. Market participants dont know what to do with that story. This has been the take away for the last several weeks, every time we see a headline like this. We come back pretty quickly. Lisa trade tensions were a tear bleed through into the economy. Result, an unclear less fuzzy result that we are is th
It is great to see each and every one of you, from all parts of our country. Were so glad youre here. On behalf of all the sponsors i want to welcome you to the largest gathering of advantage g evangelicals, godfearing patriots or whatever they want to call us. [ laughter ] in fact, they can call us whatever they want because it doesnt matter. [ applause ] we will not be deterred in our mission to pray, to vote, and to stand together. [ applause ] in fact, i think this weekend it is vitally important that we send a clear message to those that there are those of us who are not going anywhere. Were not going to wave a white flag, surrender on the great moral issues of our day, no matter how many lawsuits they file. No matter how many investigations they launch. No matter how many threats they make to take our Tax Exemption for believing the bible. We have counted the cost. We will not bow. Were committed to stand. [ cheers and applause ] and with that, allow me to set the stage for the 2
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] ladies and gentlemen, our program is about to begin. Please take your seats. Thank you. [inaudible conversations] good morning, ladies and gentlemen. To kickoff the 14th annual values voter summit please welcome to the stage tomasa ceremonies and stanley cup champion st. Louis blues fan, mr. Gill mertz. Yeah, baby. Stanley cup, st. Louis blues. Listen to you guys. Good morning. Im just trade, anyone over here, get your team win a a stanley cup this year . No . How about the middle come anywhere near win the stanley cup this last year . No, okay. Anybody here, your team win the stanley cup . No . The year before. Well, i waited 52 years. You had had your glory. You be quiet. I waited 52 years for the st. Louis blues to win the stanley cup, and here it is, baby. Not exactly what i thought it was but im happy with it. And now the st. Louis cardinals are going t