Sonny Clark
Diamond Member
- Banned
- #1
Republican leadership and President Obama support Fast Track trade authority
Trans-Pacific Partnership (TPP)
Transatlantic Trade and Investment Partnership (TTIP)
Trade in Services Agreement (TISA)
(1) -- People remember the impact of NAFTA on job loss, destruction of Mexican agriculture, expansion of inequality, environmental degradation and increased immigration. The most recent South Korean trade pact, which Obama touts as a success, is leading to similar results of lost jobs and an expanding US trade deficits.
(2) -- We do know that this is a huge grant of authority to President Obama
(3) -- Conservatives have taken to calling the trade deals ObamaTrade and do not want to see the Congress give away its authority under the Constitution’s Commerce Clause “to regulate commerce with foreign nations."
(4) -- Fast Track would cede additional legislative powers to Obama that would be “a monumental failure of Congressional Republicans.” “An enormous grant of power, obviously, from a Republican Congress to a Democratic president.” “An ill-founded grant of trust to a President who has repeatedly shown that he has outright disdain for the legislative branch."
(5) -- Largest Progressive Coalition Ever On Global Trade Opposes Fast Track. -- On January 8, a large coalition of progressive and liberal organizations joined with more than a dozen members of Congress to express opposition to Fast Track and the Trans-Pacific Partnership.
(6) -- Larry Cohen, president of the Communication Workers of America, described the coalition as “the largest coalition to ever oppose global trade agreements, representing tens of millions of Americans.
(7) -- “The president is asking for carte blanche to hammer out trade deals that would cost American jobs, weaken food safety and financial regulations, and undermine environmental and labor standards.”
(8) -- “The Korean free trade agreement has helped that country’s auto industry significantly more than the U.S. sector.” “Trade agreements would hurt manufacturing jobs like those in the resurgent auto industry.” The White House has touted the South Korean trade pact as the type of agreement Obama wants to see. The facts: in its first two years, the pact resulted in $7.6 billion increase in the trade deficit with South Korea and the loss of 50,000 jobs.
(9) -- “If you’re serious about reviving U.S. manufacturing and raising wages for America’s workers, the last thing you want is yet another race-to-the-bottom trade agreement that doesn’t empower workers, it empowers companies to offshore jobs.
(10) -- “The KORUS FTA has hit American small businesses harder than large ones. According to U.S. Census Bureau data, small firms with fewer than 100 employees saw exports to Korea drop 14 percent while firms with more than 500 employees saw exports decline by 3 percent.”
(11) -- Trade deficits have exploded, growing more than 440 percent with countries with Fast Tracked trade pacts. Since Fast Track was used for NAFTA and the WTO, the U.S. goods trade deficit has more than quadrupled, from $216 billion to $870 billion.
(12) -- Good American jobs were destroyed; nearly 5 million U.S. manufacturing jobs – one in four – were lost since the Fast Tracking NAFTA.
(13) -- U.S. wages have stagnated and inequality has soared with three of every five manufacturing workers who lost a job finding reemployment with pay cuts, one in three losing greater than 20 percent, according to the Labor Department. U.S. wages have barely increased in real terms since 1974 – the year that Fast Track was first enacted – despite American worker productivity doubling.
(14) -- U.S. food exports have stagnated while food imports have doubled under NAFTA and the WTO. The average annual U.S. agricultural deficit with Canada and Mexico under NAFTA’s first two decades reached $975 million, almost three times the pre-NAFTA level. Approximately 170,000 small U.S. family farms have gone under since NAFTA and WTO took effect.
How the People Will Stop Obama from Pushing Through A Disastrous Trade Deal Alternet
******** We should end ALL unfair, unjust, and one-sided foreign trade agreements and policies. We need to put America back to work, producing what America uses and consumes. And, we need to stop Obama's thirst and hunger for power and control.
Trans-Pacific Partnership (TPP)
Transatlantic Trade and Investment Partnership (TTIP)
Trade in Services Agreement (TISA)
(1) -- People remember the impact of NAFTA on job loss, destruction of Mexican agriculture, expansion of inequality, environmental degradation and increased immigration. The most recent South Korean trade pact, which Obama touts as a success, is leading to similar results of lost jobs and an expanding US trade deficits.
(2) -- We do know that this is a huge grant of authority to President Obama
(3) -- Conservatives have taken to calling the trade deals ObamaTrade and do not want to see the Congress give away its authority under the Constitution’s Commerce Clause “to regulate commerce with foreign nations."
(4) -- Fast Track would cede additional legislative powers to Obama that would be “a monumental failure of Congressional Republicans.” “An enormous grant of power, obviously, from a Republican Congress to a Democratic president.” “An ill-founded grant of trust to a President who has repeatedly shown that he has outright disdain for the legislative branch."
(5) -- Largest Progressive Coalition Ever On Global Trade Opposes Fast Track. -- On January 8, a large coalition of progressive and liberal organizations joined with more than a dozen members of Congress to express opposition to Fast Track and the Trans-Pacific Partnership.
(6) -- Larry Cohen, president of the Communication Workers of America, described the coalition as “the largest coalition to ever oppose global trade agreements, representing tens of millions of Americans.
(7) -- “The president is asking for carte blanche to hammer out trade deals that would cost American jobs, weaken food safety and financial regulations, and undermine environmental and labor standards.”
(8) -- “The Korean free trade agreement has helped that country’s auto industry significantly more than the U.S. sector.” “Trade agreements would hurt manufacturing jobs like those in the resurgent auto industry.” The White House has touted the South Korean trade pact as the type of agreement Obama wants to see. The facts: in its first two years, the pact resulted in $7.6 billion increase in the trade deficit with South Korea and the loss of 50,000 jobs.
(9) -- “If you’re serious about reviving U.S. manufacturing and raising wages for America’s workers, the last thing you want is yet another race-to-the-bottom trade agreement that doesn’t empower workers, it empowers companies to offshore jobs.
(10) -- “The KORUS FTA has hit American small businesses harder than large ones. According to U.S. Census Bureau data, small firms with fewer than 100 employees saw exports to Korea drop 14 percent while firms with more than 500 employees saw exports decline by 3 percent.”
(11) -- Trade deficits have exploded, growing more than 440 percent with countries with Fast Tracked trade pacts. Since Fast Track was used for NAFTA and the WTO, the U.S. goods trade deficit has more than quadrupled, from $216 billion to $870 billion.
(12) -- Good American jobs were destroyed; nearly 5 million U.S. manufacturing jobs – one in four – were lost since the Fast Tracking NAFTA.
(13) -- U.S. wages have stagnated and inequality has soared with three of every five manufacturing workers who lost a job finding reemployment with pay cuts, one in three losing greater than 20 percent, according to the Labor Department. U.S. wages have barely increased in real terms since 1974 – the year that Fast Track was first enacted – despite American worker productivity doubling.
(14) -- U.S. food exports have stagnated while food imports have doubled under NAFTA and the WTO. The average annual U.S. agricultural deficit with Canada and Mexico under NAFTA’s first two decades reached $975 million, almost three times the pre-NAFTA level. Approximately 170,000 small U.S. family farms have gone under since NAFTA and WTO took effect.
How the People Will Stop Obama from Pushing Through A Disastrous Trade Deal Alternet
******** We should end ALL unfair, unjust, and one-sided foreign trade agreements and policies. We need to put America back to work, producing what America uses and consumes. And, we need to stop Obama's thirst and hunger for power and control.