by Patrick J. Buchanan – April 12, 1996

This year the U.S. merchandise trade deficit is running at $200 billion. By Trade Representative Mickey Kantor’s own figures – $1 billion in exports equals 20,000 jobs -our appetite for foreign goods will cost fellow Americans four million jobs.

One wonders what it takes to shake our free-trade friends out of their dogmatic slumber.

Since the Nixon era, the dollar has fallen 75% against the yen, 60% against the mark. In 1950 we produced half the world’s goods; today we produce a fourth. For the first time, more Americans work In government than in manufacturing.