Byron Dorgan: “One can drive down a street and see a Cadillac in front of an expensive house, and if you do not understand the debt…”

“One can drive down a street and see a Cadillac in front of an expensive house, and if you do not understand the debt that will be used to repossess the house and the Cadillac, you don't understand the financial position there. The same with our country. The fact is, our abiding trade deficits are undermining our country's long-term economic future and we had better not decide to ignore them. We had better confront them on behalf of American producers and on behalf of this country's interests. This is a debate we must have soon.”