James Traficant: “This past month we had another record trade deficit. China is exceeding $5 billion in surpluses every month with Uncle…”

“This past month we had another record trade deficit. China is exceeding $5 billion in surpluses every month with Uncle Sam now. And Japan, who has been threatened by every President since Nixon with sanctions if they did not open up their markets, is cleaning our clock in excess now of $60 billion. If you are an American worker, this is about the plight of it. American televisions are made in Mexico. American typewriters are made in Mexico. American telephones are made in Singapore. American computers and VCR's are made in China and Japan; radios in China and Japan; high-tech electronics, China and Japan. America is slowly again becoming a colony, a colony of trade activity. To me, it is unbelievable. Another record trade deficit, in my opinion, that endangers our national security where China is now buying missiles, attack aircraft, and nuclear submarines with our dollars, and for the life of me, it seems nobody is listening. More of our products are being made overseas. And the final insult to what is the intelligence of the American people, time after time foreign products come into America bearing a fraudulent 'Made in America' label and they continue to laugh in our face.”