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====== 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

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America First Party ~ 405 River Road ~ Greenwood, Mississippi 38930
Telephone (866) SOS-USA1 ~ Fax (662) 453-7787 ~ E-mail Info@americafirstparty.org
 
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John Pittman Hey, National Treasurer
Copyright © 2002-2016 by the America First National Committee. All Rights Reserved.