Political Quotes

James Traficant: Check this out, you promise keepers: The dollar, once valued at 234 yen has joined the Titanic; it is down to 86 yen.…

On the recordApril 3, 1995
Check this out, you promise keepers: The dollar, once valued at 234 yen has joined the Titanic; it is down to 86 yen. Now check this out: All of these think tank impresarios and all of these economic gurus told Congress if you want to fix the trade problem, drive down the value of the dollar. It is so low it could walk under a closed door with a top hat on, and in Detroit the deficit keeps growing. It is not the budget deficit, it is not rescissions, it is not tax cuts. Japan has cleaned our clock on illegal trade for years. We are in a trade war. Is America afraid to fight? This is war. Why do we not regulate commerce with foreign nations like the Constitution charges us, Congress, and then maybe we will keep a few promises with working Americans. I hope those gurus are in some economic unemployment line somewhere in the country.

Editor's note · Context

Addressing the decline of the dollar and trade issues with Japan.

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