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Globalization has redefined the competition for employment and incomes in the United States. Tradeoffs will have to be made between the two.

The American multinational companies made millions and millions of dollars from globalization.

The world has changed. It's not enough to simply buy American; we have to sell American, sell our products and goods and services throughout this world.

A better way to help American companies compete against competitors abroad is to remove all series and myriad of obstacles they face in America, whether it's union rules in some states or massive amounts of regulation imposed upon them, one of the most expensive combined corporate tax rates on the planet.

We have benefited greatly from the globalization of the economy in the last 30 years.

Rather than subsidize 'American' exporters, it makes more sense to subsidize any global company - to the extent it's adding to its exports from the United States.

A lack of reform - particularly in international tax - has hurt our ability to compete in a global economy by keeping U.S. corporate cash overseas and reducing domestic investment, slowing economic growth.

Now you have a choice: we can give more tax breaks to corporations that ship jobs overseas, or we can start rewarding companies that open new plants and train new workers and create new jobs here, in the United States of America.

Downsizing itself is an inevitable part of any creatively destructive economy.