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Detailed text transcripts for TV channel - FOXNEWS - 20121209:08:15:00

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manufacturer. we started in 93. our product is a commodity product. the steel we sell is the same as the steel made in china or india. there is a big difference, though. in america the rates from much higher. how does the company like mine compete in a global environment where products from china and india and europe are crashing on our shores? >> they are dumping product by having government subsidies to chien needs products that are often then subsidized so they can put you guys out of business on the entire market. that's what a lot of americans don't understand. it's frustrating to me. >> there is probably an even more important point about the product that is that our own government is making it more difficult for us to compete. >> how are they doing that? >> president obama is making the rounds. he is going to help us out by increasing our taxes. the only way we can beat governor is by investing in equipment. if the wage rates are lower in

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