====== FOR IMMEDIATE RELEASE ======
Thursday, 20 June 2002
Trade Deficit: Globalists Win-American Working Families Lose
Boulder, CO The newly formed America First
Party is deeply saddened, but unsurprised to see the April trade deficit rise
to an all-time record high of $35,900,000,000.00 (35.9 billion dollars). "That
is a whole bunch of zeros stacked up against America's working families. Those
who support global free trade instead of fair trade had another win in April,
they got exactly what they want: dollars taken from the back pockets and
kitchen tables of everyday Americans and sent overseas. If our elected
politicians are unwilling to recognize that they have made a terrible mistake
by engaging us in a global free trade system with agreements like NAFTA and
GATT, then perhaps it is time to both question their motives and throw the bums
out-replacing them with people who will put America first," said Interim
National Chair Dan Charles.
Last year, we ran a trade deficit in excess of 450 billion dollars, a
number that will likely be exceeded this year. This is not sustainable. Mr.
Charles continued, "As we export jobs and capital, while we import people, we
continue down a road that weakens us and puts our economy and our national
security at risk."
According to Department of Commerce figures, the overall trade deficit
increased by 10.7 percent in the month of April. However, our trade deficit
with an increasingly antagonistic China rose by more than 35 percent. "We sold
them aircraft and they sold us toys, and they took our money and used it to buy
the type of arms that can only be used to threaten our friends and our Navy,"
said Press Secretary Romelle Winters.
America First Party candidate for New Jersey's 3rd Congressional
District Ken Feduniewicz added, "It is long past time that we stopped
converting our industrial base into low paying service jobs. Here in New
Jersey, our congressional delegation has cost us millions of good paying jobs,
with their slavish support for NAFTA and the WTO. When are the American people
going to wake up?"
Contacts: |
Dan
Charles |
Interim Chair/Treasurer
|
1-866-SOS-USA1, ext
4 |
Romelle
Winters |
Press
Secretary |
1-866-SOS-USA1, ext
2 |
Other contacts available
upon request |
##30##