Posted 7 years ago on Oct. 12, 2011, 9:38 p.m. EST by SwiftJohn
This content is user submitted and not an official statement
The U.S. House, the same body that can neither pay for existing spending without apocalyptic language nor find the time to debate job losses in the U.S., has quietly and quickly passed three more "Free-Trade" bills with Korea, Panama, and Colombia. All bills were backed by the U.S. Chamber of Commerce. While Obama and others touted potential gains to exports and potential jobs the actual employment gains are less clear. The Senate is expected to quickly pass them later tonight.
In short, when it comes to hiring Americans or paying our existing debts Congress and the White House cannot even speak civilly let alone make progress. But when it comes to pleasing the Chamber and big businesses they seem to do so quickly, and quietly.
While I am not against trade it is not clear to me that these increases will do anything other than aid existing multinationals further. Yes they all include extensions to a Kennedy-era job retraining program that is supposed to help displaced workers but clearly, given the current standing of our manufacturing sector, that training program is a band-aid not a cast.