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Free Trade Policy Has Failed

(Also posted at The Hill's Congress Blog)

The free trade model of the past is failed policy.

The only way to help restore the American Dream for workers in this rapidly changing global economy is through a fair trade model that works for America’s workers, government and businesses alike in the 21st century.

NAFTA did not deliver as promised - instead it prompted the loss of millions of good jobs at home, a surge in undocumented immigration, the soaring trade deficit, declining wages, and a deterioration of labor standards.

The leadership of Change to Win, a coalition of seven unions representing six million members in key service sector industries, yesterday called for an immediate end for the executive branch’s “fast track authority.” We must put a hold on new unfair trade deals so Congress can help create standards that will stimulate development and maintain high wage standards around the globe. That requires an outright rejection of Columbia, Peru, Panama and South Korea trade deals as they currently stand.

The full resolution is available on the Change to Win web site here.

This is not simply about protecting American jobs - it’s about promoting prosperity at home and abroad.

A new generation of trade policies that will protect the environment and raise labor standards will help ensure that workers, not just corporations and CEOs, can share in the benefits of today’s global economy.

Comments (1)

Comments posted to CtW Connect are the sole property of the individual posting them, and do not necessarily reflect the viewpoints of Change to Win, its affiliated unions, or its leadership.

antijap said on April 14, 2008 at 4:28 PM:

Dear Sir,

I approve your theory!

"British empire in 18-20th century" is to India
what
"Japan now" is to U.S.A.

Japan does the same thing as British empire did.
Please help U.S.A.!
Imperialism and fascism are the enemy of the people in the earth!

I love U.S.A.!
U.S. needs "American School"!!!
http://en.wikipedia.org/wiki/American_School_%28economics%29

1.protecting industry through selective high tariffs (especially 1861–1932) and some include through subsidies (especially 1932–70)
2.government investments in infrastructure creating targeted internal improvements (especially in transportation)
3.a national bank with policies that promote the growth of productive enterprises

The problem is "Trade Deficit"!
Remember Pearl Harbor!
Buy American!
Boycott Japanese cars, capitals and products!

Very sincerely yours,