Fourth.

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Fourth, we should make clear to our partners that just as we are making the hard economic choices, we await them to do so as well.

Fifth, we should work together to reignite the development of the less-developed countries, primary customers for our industrial exports, not just put off their economic stagnation by increasing their debt

Jack Kemp

I believe the American labor force can contend and prosper in the global economy. America is the principally productive nation in the world. We ne to increase our commitment to improving skills, by means of education and training and further investment in recent plant and equipment. As a national leader for lower tax rates onward both wages and investment, I believe we must take further grades to remove artificial barriers to U competitiveness in order to render our trade deficit.

First, we must take gradations to reform the world's monetary method to provide a stable dollar and help bring about lower lengthy term interest rates. Our manufacturing productivity has begun to rise again, further this has been swamped through the wildly fluctuating dollar, high interest rates, and the global recession among our trading customers who are buying les of U products

inferior our goal must not be to raise tariffs which would add a tremendous freight on working Americans, but to explain markets for our goods and raise the U standard of living. To conclusion unfair foreign trading practices, we must force competition by way of lowering, not raising, barriers. I have introduced legislation authorizing reciprocal lowering of trade barriers--particularly with the export competitors of countries that refuse to interpret their markets to U.S. goods--and requiring consumer and taxpayer impact estimates for all trade legislation.

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