On the recordJuly 28, 2010
It's interesting to hear some Republicans on the other side of the aisle say this commission isn't necessary. We are going to run a $700 billion trade deficit this year. That means we will borrow, predominantly from China, Japan, and a few other countries, $700 billion to buy things that we used to make in America. And it's not a level playing field. We get played for a sucker in these trade deals. We need a new, strong trade policy. Yes, American workers can compete, but not on an unfair, tilted playing field, which is what they're being asked to do today. I will give a couple of examples. When we were doing MFN permanently for China, which I voted against because we lost that annual leverage with them, wheat guys from Oregon came in, and they said, Congressman, right now a ship is going into China. Imagine what it's going to mean for our markets. They're finally accepting our wheat. This new trade deal's going to be great. I said, Well, actually, I have got translated broadcasts of their agriculture minister that say that they're not going to allow that, and they're not going to become dependent upon imported food.





