Something does not add up. China is taking $80 billion a year out of our economy now in trade surpluses, and reports say that China is buying tanks, planes, submarines and missiles with our cash. There are also reports that further say, my colleagues, that with our cash they are pointing their missiles, that we bought, at America. And after all this, if that is not enough to bust your balsam, Presidents Ford and Carter endorsed President Clinton's plan to grant China Most Favored Nation trade status, now called normal. Normal, my two pairs. Beam me up, my colleagues. Ford, Carter and Clinton will not get it until there is a Chinese missile shoved right up their assets. I yield back whatever they are smoking at their press conferences.
James Traficant: “Something does not add up. China is taking $80 billion a year out of our economy now in trade surpluses, and reports say…”
Editor's note · Context
Discussing trade relations with China and its military spending during a House floor speech.
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