Bad Quote by Douglas R. Oberhelman
“Why is Caterpillar bad if we create a new job in India or China to receive U.S. exports? It makes no sense to me. We want to drive all the exports we can from the United States. We want to concentrate on all those consumers, outside contractors, customers outside the United States that we possibly can.”
About This Quote
The speaker questions the logic of outsourcing production to low‑cost countries while aiming to maximize U.S. export sales, suggesting a conflict between offshoring and export‑driven growth.
In simple terms: Conflict between offshoring and export goals
Offshoring may undermine export strategy
Themes
Mood
Type
When to use this quote
- strategic planning for multinational firms
- policy debates on trade and employment
- corporate decisions on location of production
Key Concepts
Practical Applications
- reassessing global production footprints
- aligning trade policy with manufacturing strategy
Questions to Reflect On
- How does offshoring affect a country's trade balance?
- What metrics should guide decisions on where to locate production?
Offshoring can lower production costs, increase competitiveness, and ultimately boost export volumes despite being abroad.