[Congressional Record Volume 140, Number 13 (Thursday, February 10, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: February 10, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                      THE TRADE DEFICIT WITH JAPAN

  (Mr. TRAFICANT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. TRAFICANT. Mr. Speaker, Japan told Nixon, ``We will buy your 
products.'' Japan told Ford, ``Don't worry.'' Japan told Carter, ``We 
will buy spare parts for our cars in America.'' Japan told Reagan, ``We 
will do better.'' Japan told Bush, ``We will even honor our side bar 
agreements.'' Japan now tells Clinton, ``We will change.''
  Members, the trade deficit with Japan is $54 billion, and our trade 
program in America is a joke. And Japan is laughing all the way to the 
bank. There is only one way Japan is going to change. They are going to 
have to get hit in the wallet.
  Let me say this, Congress, $54 billion is no small change. It is time 
for Congress to get in the back pocket of Japan.

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