Is it going to take 20 more years for Republicans to awaken to the economic disaster they have created and the political ruin they are inviting with this fanatic faith in "free trade," while the rest of the world loots our country through mercantilism?

When Europe imposes a 15 percent value-added tax on U.S. imports and rebates the VAT on exports to the United States, that is not free trade. When China devalues its currency 45 percent, as it did in 1994, and bolts it down to suck jobs and factories out of the United States, that is not free trade. When Japan manipulates its currency, preaches economic nationalism to its people, and shelters its market for TVs, autos and steel, while dumping into and capturing ours, that is not free trade.

McCain admits to knowing almost nothing about economics and is now being advised by my old friend Jack Kemp. In a Wall Street Journal essay bemoaning my views, Kemp concedes, "I'm on the advisory board of Toyota North America and now drive a hybrid Lexus."

Nor is Jack the only pol who has found happiness in a foreign employ. Ex-secretaries of state and Cabinet officers, ex-senators and congressmen, and ex-White House aides are getting rich working for foreigners who are carting off American jobs, American technology, American markets, American factories -- and America's future.

Yet retribution may be at hand for our multinational GOP. In Ohio, NAFTA is a five-letter word with a four-letter meaning, as Ohio lost a huge slice of the 3.5 million manufacturing jobs that vanished under the McCain-Kemp-Bush policy of unilateral disarmament in the trade wars being waged against America.

Look at the Bush-McCain record: $4 trillion in trade deficits, $2.5 trillion in manufactures alone. One in every six manufacturing jobs, 3 million, gone. With America borrowing $2 billion a day to pay for foreign goods, we have seen a collapse of the dollar, the price of gold quadruple to $1,000 an ounce, oil soar to $107 a barrel and gas heading toward $4 a gallon.

Where Bush has created an average of 46,000 new private-sector jobs a month, Bill Clinton did five times as well, creating 220,000 a month.

Hillary won Ohio denouncing the NAFTA deal Bill Clinton cut. The lady gets it. McCain remains a loyal NAFTA man. Good luck in Ohio and Michigan. As the Great Peer said, "The commonest error in politics is sticking to the carcass of dead policies."