[Congressional Record Volume 160, Number 105 (Tuesday, July 8, 2014)]
[House]
[Pages H5861-H5862]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      ADDRESSING THE TRADE DEFICIT

  (Ms. KAPTUR asked and was given permission to address the House for 1 
minute.)
  Ms. KAPTUR. Mr. Speaker, the Obama administration appears to be 
negotiating the latest job-killing trade deal, as happened under the 
prior two Bush administrations and the Clinton administration with 
NAFTA.
  Our Nation can't employ the nearly 20 million unemployed and 
underemployed citizens without addressing what is happening to growing 
imports and lessening exports.
  Here is a bumper sticker: Out of a Job Yet? Keep Buying Foreign.
  That was on a car in Michigan as we came back here today.
  In 2013, America imported--get this--$369 billion in petroleum 
products alone, $309 billion in automotive vehicles, and $533 billion 
in consumer goods, which are not completely offset by exports. We are 
exporting jobs and importing products from other places.
  Think of the jobs we could create here if we could really live the 
slogan, ``Made in America.''

[[Page H5862]]

  For every $1 billion in goods exported, our economy creates 5,000 
jobs; but for every $1 billion in goods imported, we lose 9,000 jobs. 
That is why we have been in the hole for the last 25 years.
  Our middle class is shrinking. People are struggling out there. They 
can't make ends meet. We have a budget deficit because we have a trade 
deficit. America doesn't need any more job-killing trade deals.

                          ____________________