Byron Dorgan: “Today I will speak about trade. On occasion, I have come to talk about our problems in international trade because it…”

“Today I will speak about trade. On occasion, I have come to talk about our problems in international trade because it relates to the center of the issues we need to be concerned about with respect to our country's economy; and that is jobs, a growing economy that produces good jobs that pay well, that expands opportunities for the American people. Yet our trade strategy in this country has been a bankrupt trade strategy for a long while. The current trade strategy in America is producing nothing but red ink, and not just a small amount of red ink, but we are literally drowning in trade deficits. Last year, there was $470 billion in trade deficits. It describes the trade barriers that we find overseas and around the world for American goods produced by American workers in American factories. It lists country by country and barrier by barrier foreign markets that are closed to our products. Frankly, despite all the talk about free trade and expanded trade, there has been very little progress in prying open these markets.”