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: Jon Walker Monday October 10, 2011 1:00 pm|
|By: Jane Hamsher Tuesday December 7, 2010 9:30 am|
I was on the PBS News Hour with Jim Kessler of Third Way last night, during which Kessler said the NAFTA-like South Korean free trade agreement was a great deal for the U.S. Of course he thinks KORUS is good for the US. What’s he going to say, the banks that fund his organization are tickled pink the US government won’t be able to pass “too big to fail” laws, or ban risky financial products and services?
|By: Jane Hamsher Monday December 6, 2010 11:45 am|
At the AFL-CIO’s weekly Monday morning legislative meeting, the UAW tried to sell the deal to their fellow unions in the federation. The unanimous disapproval from all the other unions was summed up in a 10 minute invective by Matt McKinnon, the Political Director of the Machinists, who said the UAW concessions were “worth a lukewarm bucket of spit.”