What auto and steel is to Ohio River Valley, refineries are to the oil regions. You wouldn't tell Silicon Valley you're going to put a moratorium on high-tech.
Sentiment: NEGATIVE
Arizona should be to the Sharing Economy what Texas is to Oil and what Silicon Valley used to be to the tech industry.
At a time when nobody thought we'd ever see a new steel mill built in America, we took a chance and built one in a corn field in Indiana. Today Steel Dynamics is one of the largest steel producers in the United States.
And what we're doing in Ohio is we're moving from a basic manufacturing economy to one that's diversified, including energy and health care and agriculture and IT.
We hear a lot about rebuilding Detroit, and we just spent $70 billion to bail out the auto industry - well, they need to be cost competitive, too. If they have high-cost energy, those suppliers are going to move to Japan or Mexico instead of Michigan and Tennessee.
That's one of the most exciting things about Michigan's future. We need to, we must capitalize on our alternative-energy vehicles that we can produce right here.
There are people working in Mahoning Valley in steel, in Findlay, Ohio, in rubber, in many other places because we've enforced trade deals.
The steel business is a local business. We do believe in the U.S. economy and would like to have a strong, balanced presence here.
The entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore.
If the whole U.S. was like Silicon Valley, we'd be in good shape. But now, the entire U.S. is not driven by technology, is not driven by innovation.
As Michigan's voice on the Senate Finance Committee and Senate Energy and Natural Resources Committee, I will continue working to make sure the next generation of advanced technologies and alternative fuel vehicles are made right here in America.
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