The recent surge in exports has created more than 1 million new jobs. The Commerce Department estimates that every billion dollars of new exports creates 20,000 American jobs. But these countries need stability in which to grow, and we need stable and equitable trade relationships to prosper. Americans have enormous misperceptions about and don't realize the strength of an investment in foreign affairs. Latin America - embassy played a critical role in opening oil sector to foreign investment.
Every embassy is involved in working to promote U.S. commercial interests.
We can not reduce our foreign affairs resources any further. Further cuts in spending will result in irreparable losses to the American economy and the needless sacrifice of a costly Cold War victory.