Mr. Speaker, I do not know if our negotiators have a poor self-esteem when they go into these negotiations, but it seems to be a common thing. I think it really goes to the philosophical element that we have had in the last 10 to 20 years in this country: if we just lower corporate taxes, everything will be okay and everything will be fine.
How well has it worked right now, when we have lost 300,000 manufacturing jobs in five years? Right now, we are actually borrowing money to pay for corporate tax cuts. That is what we are doing right now. We are going to borrow that money, incur the debt, and give the banks and oil companies, that are making profits right now, more of the money that our children will have to pay back.
It does not make any sense. All the taxpayers out there should be really upset about this fraudulent practice. Money should be reinvested back into purchasing assets that are going to recoup some value for taxpayers. Those could be ships that are going to serve our men and women, and protect our navy and coastlines.