[Congressional Record Volume 141, Number 44 (Thursday, March 9, 1995)]
[House]
[Page H2898]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    IT'S THE TRADE DEFICIT, CONGRESS

  (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, the value of the dollar is so low, the 
dollar could walk underneath a closed door with a top hat on. And it is 
not really all that cerebral. The problem in America is a trade deficit 
and Congress has the blinders on.
  For the last 15 years we have had trillions of dollars floating 
around overseas. The supply is so great, the dollar is not in demand, 
and the dollar is dropping. It is the trade deficit, Congress. Not 
budget deficits. We cannot separate the two.
  And to tell my colleagues the truth, we have a trade program that is 
so misdirected, if we threw it at the ground it would probably miss.
  We will not balance the budget, Congress, with minimum wage jobs and 
highly skilled American workers in unemployment lines. Think about 
that. I think the whole country is saying, ``Beam me up.''
  Congress, get at that trade deficit and we will solve the budget 
deficits in America.

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