PROVIDING FOR CONSIDERATION OF H.R. 3283, UNITED STATES TRADE RIGHTS ENFORCEMENT ACT -- (House of Representatives - July 27, 2005)
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Mr. PASCRELL. Mr. Speaker, the gig is up. On both sides of the aisle, regardless of how trade bills, and this is trade day, I guess, on the floor of the House, regardless of how these bills go up or down, the American public knows who is exposing and who is extending and who is sending jobs overseas. Both parties. We have had two administrations now that have given the store away, one Democrat and one Republican administration, and you come on this floor and want us to believe that you are going to pass this legislation and teach China a lesson.
I rise, and I rise to oppose this fig leaf, which is pathetic. The majority is using this fig leaf to cover the growing crisis of our trade relationship with China years after the horse is out of the barn. China is obviously not playing by the rules. You tell me whether they are or they are not. The American people want to know where you stand. They want to know in your district where they stand. It has nothing to do with Democrat and Republican. The resulting imbalance is destroying family wage production jobs here in this United States. This bill does not contain the answers. It should be defeated again. That it is even being considered on this floor to buy a few votes is an embarrassment to the House of Representatives.
Let us look at the facts. Let us look at the data. Our trade deficit with China is rapidly growing. It reached $162 billion last year. It was $16 billion in the month of May alone. China is buying huge chunks of our Nation's growing debt. Do you know how much debt China owns of ours? Is that not embarrassing enough?
Human rights abuses continue to be a problem in China. People from both sides of the aisle have stated on the record what those abuses are. They are not hidden. They are exposed. Yet God knows what we do not know.
China continues its piracy of U.S. goods and products unabated. Unabated. Many factories in China still utilize child and prison labor. We cannot even get in to see what is going on in those factories.
China has only made a minor change in disconnecting its currency from the dollar. Another fig leaf. It is on the front page of the Financial Times and the Wall Street Journal and the New York Times. Who are those trade people kidding? They are not kidding the American people at all. Our Nation's manufacturing sector and the manufacturing capability throughout the world is being decimated by China's use of these low-wage, no-regulation, nonmarket conditions.
This free trade gig is up. It is exposed. Just today, 9:30 this morning, I can report to the Congress of the United States in New Jersey where the U.S. Chamber of Commerce has said, we are going to gain all of these jobs from this trade, we are going to gain all of these jobs from CAFTA. We did a survey of 180 small New Jersey manufacturers. One hundred four small manufacturing business owners told us they did not think CAFTA would have any impact on their business. One-quarter of the entire sample told us that CAFTA would have a negative impact and lead to job losses, and they were willing to document it. We will bring that up for another debate.
I ask you, taking such minor action today like this bill and the resolution condemning the Unocal bid, ho-ho-ho. And the majority thinks it can show American manufacturers and American workers that it is concerned about China at this stage? You are not fooling anybody.
This is a fig leaf, Mr. Speaker.
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Mr. PASCRELL. Mr. Speaker, I thank the gentleman for yielding me this time.
Mr. Speaker, I am very disturbed that the gentleman from Pennsylvania, the last speaker, has introduced partisanship in this. I chastised both administrations, Democrat and Republican, as giving away the kitchen sink. We gave it away. We gave it away in the Free China deal. We gave up article I, section 8 of the Constitution, what we learn in the eighth grade: commerce belongs in the House of Representatives, not on the President's desk. And, second of all, the jobs that we have gained and the jobs that we have lost in our dealings with China make very interesting reading because we have lost high-wage jobs, and we have gained those jobs that pay far less. Look at the data.
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