Political Quotes

“If we look at this chart, just for those who are listening to us this evening, if you go back to the mid-1970s, as Congressman Cicilline pointed out, you will see the United States was pretty buoyant. We were actually exporting more than we were importing. But then when China Most Favored Nation passed in 1979, 1994 NAFTA passed, and all of a sudden what was happening is the reverse flow started. We started importing more than we were exporting, and every time you get a billion dollars of red ink, you lose 5,000 more jobs in this country. Well, my gosh, as NAFTA actually took full bore and then China permanent normal trade relations took effect here, CAFTA, which was the Central American Free Trade Agreement, here was the Colombian Free Trade Agreement, here was the Korean Free Trade Agreement, every single agreement that happened, we ended up getting more imports into our country than exports out, and promises were not kept. Our focus tonight is mainly on NAFTA, but if we look at Korea, they were supposed to be taking 50,000 cars from us. We were supposed to have more balanced trade. Well, guess what, they didn't keep up their end of the bargain. Other markets around the world, such as Japan, remain closed to this day to cars from other places in the world. You say: Congresswoman, that can't be possible. I have seen it with my own eyes. I have visited there many times.…”