New AFL-CIO Blog Post--Why We Don’t Like Fast Track: It’s a Job Killer
http://www.aflcio.org/Blog/Political-Action-Legislation/Why-We-Don-t-Like-Fast-Track-It-s-a-Job-Killer
Why We Dont Like Fast Track: Its a Job Killer
For more than 20 years (including in last night's State of the Union address), Americas workers have heard that we need new trade agreements so we can export more and create jobs. Its a great theory. Its just thatbecause of the way our trade deals are negotiated, finalized and executedit doesnt work in practice.
Back in 19921993, workers were told that the North American Free Trade Agreement (NAFTA) would create jobs, increase our trade surplus and solve Mexicos economic problems. But thats not how it turned out. As Jeff Faux of the Economic Policy Institute writes:
Clinton and his collaborators promised that the deal would bring good-paying American jobs, a rising trade surplus with Mexico, and a dramatic reduction in illegal immigration. Instead, NAFTA directly cost the United States, a net loss of 700,000 jobs. The surplus with Mexico turned into a chronic deficit. And the economic dislocation in Mexico increased the flow of undocumented workers into the United States.
Part of the problem with NAFTAand the reason it was so harmful to working people in all three NAFTA countries even though some large corporations benefited disproportionatelywas the way NAFTA was negotiated. NAFTA was negotiated under Fast Track authority, behind closed doors, without enough input and scrutiny from average Americans representing their local communities, family farms and small businesses. Those representing workers and their unions, those representing the parents who wanted to keep the air and water clean for their children, and many others didnt have a fair chance to influence the deal.
More, including petition to sign, at link.
Also, I asked Skinner to add the AFL-CIO Now Blog to the Blog Roll on the DU Homepage, and he did it. Yay!