U.S. Trade Agreements Offshore Outsources Jobs so Congress Passes More of Them

Discussion in 'Media' started by hvactec, Oct 10, 2011.

  1. hvactec
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    hvactec VIP Member

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    Fri, 10/07/2011 - 02:35

    We know bad trade deals have cost millions of American jobs. We have a jobs crisis with no growth in site. So, why in God's name would Congress pass more of the same? The South Korean trade deal has been analyzed to lose 159,000 jobs. The Panama trade agreement creates corporate tax havens that will be completely out of reach by the United States. Add in the Columbia trade deal and we've lost 214,000 jobs.

    The U.S. Congress Joint Economic Committee held a hearing, aptly titled, Manufacturing in the USA: How U.S. Trade Policy Offshores Jobs. The title says it all, eh? Unfortunately the actual hearing didn't have the right economists who would show amply with statistics and facts, the overall hearing title is oh so true.

    Contained within is the obligatory other side of multinational corporations, and the real agenda of this hearing is some token retraining for U.S. workers who will lose their jobs as a result of these bad trade deals.

    Workers are not alone in wondering why our government sells us once again down the river on jobs. Small businesses, especially small U.S. manufacturers are asking the same question.

    read more U.S. Trade Agreements Offshore Outsources Jobs so Congress Passes More of Them | The Economic Populist
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Tax havens comin' under fire...
    :clap2:
    Tax havens: Is the tide turning?
    11 October 2011 - The Cayman Islands offer a wide range of financial services
     
  3. editec
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    editec Mr. Forgot-it-All

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    Because such deals now make BIG CAPITAL even richer, that's why.
     

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