With nine percent unemployment and Americans desperate for job creation, it is unconscionable that President Obama and House Republicans would push through a trio of NAFTA-style job-killing trade agreements that even the government’s own studies show will increase the U.S. trade deficit.
|By: Lori Wallach Wednesday October 12, 2011 5:42 pm|
|By: Jon Walker Monday October 10, 2011 1:00 pm|
While President Obama has spent weeks crisscrossing the country publicly promoting his American Jobs Act, ironically in Washington his administration has been focused on lobbying Congress to approve a package of job-killing free trade deals. According to the Economic Policy Institute, the NAFTA-style South Korea Free Trade deal could cost America roughly 159,000 jobs while Colombia would export another 54,000.
|By: Jane Hamsher Monday October 10, 2011 9:15 am|
Tonight FDL will be hosting a webinar at 8pm ET on the NAFTA-style trade deals for Panama, Columbia and Korea that congress will vote on this week. Our guests will be actor Danny Glover, Chair of TransAfrica; Congressman Emanuel Cleaver and Professor Joseph Jordan of TransAfrica’s Scholars’ Council. TransAfrica Chief of Staff Joia Nuri will host the chat and serve as moderator. Be sure to sign up.
|By: Jane Hamsher Sunday August 14, 2011 12:53 pm|
You know at some point people might get wise to the fact that Obama is the most powerful political figure in the world, and he does have options beyond being a corporate tool who lets his campaign manager rearrange the national lawn furniture.
|By: David Dayen Friday July 1, 2011 4:30 pm|
|By: Jane Hamsher Wednesday June 29, 2011 1:29 pm|
At a time of high unemployment, it’s difficult to fathom why the President would be fighting to increase our trade deficit and ship tens of thousands of jobs overseas by pushing his NAFTA-style trade deal with Korea. Even more stunning, however, is the loophole in the Obama deal that will hand billions over to North Korea to spend on their nuclear weapons program.
|By: emptywheel Tuesday June 28, 2011 7:11 pm|
Usually, when Max Baucus tries to craft a grand bargain, oversized legislation starts by getting progressively worse, at which point the legislation finally dies.
But he has finally succeeded in getting a grand bargain, with a deal to extend Trade Adjustment Assistance in exchange for votes on the Korea, Colombia, and Panama trade deals.
|By: David Dayen Tuesday March 15, 2011 1:15 pm|
The Administration should take the opportunity to dissolve the Department and move its parts into other federal bureaus, and blame Republicans for forcing his hand to boot.
|By: Jon Walker Thursday March 10, 2011 3:56 pm|
Personally, given how stupid all three trade deals are, this is one time I would be perfectly happy to see the Republicans shoot the hostage, but I fear Obama will use this as an excuse to make a bad piece of legislation even worse.
|By: emptywheel Wednesday January 19, 2011 4:30 pm|
There’s always a lot of tut-tutting when the White House releases the list of people who attend a state dinner. While a lot of that, for the dinner honoring Hu Jintao tonight, has to do with which members of Congress have blown off invites (John Boehner, Harry Reid, and Mitch McConnell, though McConnell’s wife Elaine Chao will attend with her father), I’m rather interested in who will attend from the auto industry.