The Fast Track Fight Begins In The Senate

The final fight to stop fast track begins this week. The new trade promotion authority (“fast track”) bill could be released in the Senate at any moment. (It might be out by the time you read this.)

Hatch and Wyden Poised to Introduce Bill

With literally zero reporting from the national TV networks and a virtual news blackout at most newspapers around the country, at least Politico sets the stage for insiders in their report, “Trade fight looms as Congress returns“:

Senate Finance Committee leaders Orrin Hatch and Ron Wyden appear poised to introduce a “fast track” trade promotion authority bill along with House Ways and Means Committee Chairman Paul Ryan. But months of closed-door negotiations were continuing on Friday, congressional aides said.

The power, largely embraced by Republicans, pits many congressional Democrats, including Sen. Elizabeth Warren and potentially Senate Democratic leader-in-waiting Charles Schumer, against the White House.

The measure would allow President Barack Obama to submit free trade agreements to Congress for straight up or down votes without any amendments. It’s seen as key to completing his signature 12-country trade deal known as the Trans-Pacific Partnership pact.

Fast track is, in essence, congressional pre-approval of the Trans-Pacific Partnership (TPP) trade agreement. With fast track Congress agrees to give up its much of constitutional duty to define negotiating objectives, carefully deliberate and debate, and fix problems that might turn up. With fast track rendering Congress unable to fix flaws, even if any problems do turn up that might seriously hurt the country or our economy, a vote on the trade agreement will occur under the enormous pressure of the media blasting, “surely they won’t just kill the whole thing over a few problems.”

The idea is that allowing Congress (democratic government) to “meddle” will get in the way and keep other (non-democratic) countries from “making their best offers.” Congress is considering this pre-approval of TPP and future trade agreements even though the national news media is not reporting on fast track or TPP, and Congress and the public haven’t yet even seen the agreement (never mind had time to analyze it and consider its ramifications).

Week Of Action

The AFL-CIO is organizing a “Week of Action Against Fast Tracking Trade Deals.”

On Wednesday at 11 am in Washington D.C.’s Upper Senate Park, more than 600 union members will rally at an event organized by the United Steelworkers (USW) on Capitol Hill. The rally will feature Senators Sherrod Brown (D-Ohio) and Al Franken (D-Minn.), Representatives Rosa DeLauro (D-Conn.) and Keith Ellison (D-Minn.), USW President Leo Gerard, AFL-CIO Executive VP Tefere Gebre, AFGE President J. David Cox, National Association of Letter Carriers President Fred Rolando, American Federation of Teachers Secretary-Treasurer Loretta Johnson, and Sierra Club National Campaign Director Debbie Sease.

On Saturday, the AFL-CIO and its member unions are organizing over 50 events throughout the country in conjunction with hundreds of events planned as part of the global day of action in over a dozen countries.

Click here to find an event or to organize an event.

A Monday story in The Hill, “Labor unions ramp up opposition to Obama trade agenda,” has more on the Week of Action:

Lawmakers, labor union leaders and their members will hold a rally Wednesday on Capitol Hill and follow that up with 50 grassroots events around the country and in more than a dozen countries on Saturday as part of the weeklong effort. …

The efforts include letter-writing campaigns, phone calls, petitions and door-knocks.

Meanwhile CREDO and other organizations are petitioning to ask presidential candidate Hillary Clinton to lead the opposition to fast track and TPP.

Don’t Trade Our Future Demonstration April 20

There will also be a “Don’t Trade Our Future” demonstration on April 20, the final day of the Populism2015 Conference in Washington, which is sponsored by the Campaign for America’s Future (CAF), National People’s Action (NPA), USAction and the Alliance for a Just Society. People will assemble at 11:30 a.m. at AFL-CIO headquarters at 815 16th Street NW, and will march first to the headquarters of the Chamber of Commerce and then to the U.S. Trade Representative’s office. They are urging Congress to vote down fast track.

Sen. Bernie Sanders (I-Vt.), columnist Jim Hightower and Communication Workers of America (CWA) President Larry Cohen will address the demonstration.

Public Against More Job-Killing Trade Agreements

As the fast track fight enters the Congress, polls show that politicians will take a great risk by voting for fast track or TPP legislation. For example, one recent poll shows one senator’s vote for fast track could bring a primary opponent. The Huffington Post reported in February in, “Secretive Trade Deal Could Pose Problems At Home For Ron Wyden,”

“Half of the Oregon voters polled said they would be less likely to vote for Wyden in 2016 if he joins Republicans to approve the Trans-Pacific Partnership, a massive trade deal between the United States and countries in the Asia-Pacific region, as well as fast-track authority, which Obama is seeking in order to get TPP and other trade deals through Congress without amendments or filibusters.”

Other polling shows that public sentiment against trade deals and fast track is strong. One poll in January 2014 shows the breadth of public opposition,

By more than two to one, voters say they oppose (62%) rather than favor passage of fast-track negotiating authority for the TPP deal. Among those with a strong opinion, the ratio climbs to more than three to one (43% strongly opposed, just 12% strongly favorable). Demographically, opposition is very broad, with no more than one-third of voters in any region of the country or in any age cohort favoring fast track. Sixty percent (60%) of voters with household incomes under $50,000 oppose fast track, as do 65% of those with incomes over $100,000.

… Republicans overwhelmingly oppose giving fast-track authority to the president (8% in favor, 87% opposed), as do independents (20%-66%), while a narrow majority (52%) of Democrats are in favor (35% opposed).

People believe our trade agreements destroy jobs and lower wages. In a September 2014 Pew Poll, Americans say “trade” generally is good, but only 20 percent say it creates jobs while 50 percent say it destroys jobs, and 17 percent say it raises wages while 45 percent say it lowers wages.

This can have election consequences. In an April 2014 NBC News/Wall Street Journal poll a plurality of Americans said they would support “a candidate who says that free trade with other countries will mainly be negative for America because it will cause the loss of U.S. jobs to other countries, which will hurt wages and jobs here.”

Resources

So it appears that the battle will be in the Senate this week. Here are some resources to visit.

The Stop Fast Track coalition website, stopfasttrack.org.

Expose the TPP.

Flush the TPP!

Stop TPP.

CWA’s TPP info.

10 Ways the TPP Would Hurt U.S. Working Families

Global Trade Watch.

Eyes on Trade and 50 Reasons We Cannot Afford the TPP.

Real Progressive Coalition for American Jobs. (“Every U.S. labor union and almost 600 environmental, consumer, faith, family farm, civil rights, seniors, LGBT and other civil society organizations opposed Fast Track. This is the REAL Progressive Coalition for American Jobs.”)

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

Now We Know Why Huge TPP Trade Deal Is Kept Secret From The Public

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A key section of the secret Trans-Pacific Partnership (TPP) trade agreement has been leaked to the public. The New York Times has a major story on the contents of the leaked chapter and it’s as bad as many of us feared.

Now we know why the corporations and the Obama administration want TPP, a huge “trade” agreement being negotiated between the United States and 11 other countries, kept secret from the public until it’s too late to stop it.

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Is SEC Refusing To Follow Law And Issue CEO Pay-Ratio Rules?

One part of the 2010 Dodd-Frank Wall Street Reform law requires the Securities and Exchange Commission (SEC) to set up rules requiring companies to disclose the median annual total compensation of all employees, the total annual compensation of the chief executive officer, and the ratio of the median employee pay to the CEO’s pay. It’s 2015 and the agency still has not done so.

In December, 16 Senators sent a letter to SEC Chair Mary Jo White asking for the SEC to vote on the final pay-ratio rule before the end of the first quarter of 2015.

From the letter:

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Over 100 Legal Scholars Warn About TPP Dangers

Over 100 law professors sent an open letter to Congress and the U.S. Trade Representative (USTR) saying they need to “protect the rule of law and the nation’s sovereignty” in trade agreements like the Trans-Pacific Partnership (TPP).

While TPP is still secret, leaks and precedent indicate that it will contain provisions allowing giant, multinational corporations to bypass our country’s legal system. These provisions will allow these multinational corporations to sue governments, including ours, in “corporate courts” if they decide to pass laws and regulations that restrain the profits of these giant corporations, such as efforts to help citizens quit smoking.

The provisions in question are called investor-state dispute settlement (ISDS) and let corporations take cases to a tribunal made up of corporate attorneys instead of civil courts. These attorneys will then decide if countries have passed laws or imposed regulations, including health, environmental, labor, consumer and other protections that cause these companies to lose profits.

The law professors’ letter asks Congress and the USTR to ensure that language is not included in proposed trade agreements like the TPP.

The letter concludes:

ISDS threatens domestic sovereignty by empowering foreign corporations to bypass domestic court systems and privately enforce terms of a trade agreement. It weakens the rule of law by removing the procedural protections of the justice system and using an unaccountable, unreviewable system of adjudication.

The scholars’ statement is available online at: http://bit.ly/1EA5zeO and the letter itself is available at http://bit.ly/1KX6WYB.

The letter was organized and released by the Alliance for Justice.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

How Our Trade Policies Kill Jobs

Trade is great. We all trade. A lot of us trade labor for money that buys other things. A farmer trades corn for money that buys other things, and so on. No one is “against trade.”

But is anything called “trade” always good for all involved? Imagine you’re a farmer and you make a deal to trade corn and wheat to get money for a new tractor. So the farmer orders a new tractor, but the “trade partner” never buys any corn or wheat. After a while the “trade partner” shows up with a big bill, saying the farmer owes money for the tractor. And then the farmer finds out that the “trade partner” plans to use the proceeds from the sale of the tractor to grow their own corn.

In modern terms, we would say that the farmer was “running a trade deficit.” How much damage do you think that “trade deficit” is doing to that farmer, and the farmer’s ability to make a living in the future? How long do you think that farmer would let that “trade agreement” continue?

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Rallies And #FightFastTrack Twitter Storm This Week

Fast track trade promotion legislation is likely to be introduced soon and will be used to push through the Trans-Pacific Partnership (TPP) trade agreement – but the public knows very little about what this would mean to them.

To help get the word out, there will be a series of rallies across the United States this week and next week to oppose fast track legislation.

A list of February #FightFastTrack rallies around the country can be found here.

On Thursday, between 1 p.m. and 2 p.m. Eastern time, you can join the #FightFastTrack Twitter storm, using the hashtag #FightFastTrack.

Here are some sample tweets you can use:

Don’t let Congress rubber stamp the #TPP and send jobs overseas. Join a rally near you to #FightFastTrack http://bit.ly/1ykSu0k

Tell Congress: Don’t rubber stamp #TPP with Brunei and Vietnam, serial violators of human rights. #FightFastTrack

Rallies to #FightFastTrack are being held all over the US this week and next. Find one near you to stop the TPP.http://bit.ly/1ykSu0k

What’s At Stake

“Fast Track” is a weird process in which Congress voluntarily gives up its power to define, consider and amend trade deals. With Fast Track Congress is not allowed to amend (a.k.a. “fix”) trade agreements, is only allowed very limited debate on the House and Senate floor, and must pass the agreement within 90 days of the public seeing the text of the agreement for the first time. The Senate is not allowed to filibuster the deal.

Why would Congress give up their duty and power like this? Fast Track gets passed because the multinational corporate sponsors of these trade agreement put on well-funded PR campaigns that put massive pressure on legislators. The PR campaigns tell the public that legislators will “hurt jobs” or are “anti-business” if they vote against Fast Track and these trade deals. In fact, the record is that these trade deals are great for the owners of giant multinational corporations, but have hurt jobs and “Main Street” businesses.

The basic argument the corporations make for Fast Track is that the trade deals could never be completed if the negotiators thought Congress could “meddle” with the results. In other words, these deals can’t stand the test of being acceptable to a democracy so they have to rig the process in advance. The trade deals are negotiated in a rigged process that excludes representatives of different parts of society who might object to rules that favor the giant multinational corporations that will benefit from these deals. Representatives of labor, environmental, health, LGBT, democracy, consumer and other interest groups are not “at the table” as part of the negotiating process – so of course the end result does not reflect the interests of these “stakeholders.”

Or, to put it another way, look at what has happened to the world’s economy and environment since the corporate “free trade” and deregulation ideology came to dominate elite thinking in the late 1970s-early 1980s. The interests of the giant multinational corporations and the 1 percent behind them have done very, very well. The rest of us? Not so much.

You can follow the week’s events on Twitter at @PCGTW.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

A “Grand Alliance” To Save Our Public Postal Service

The Conservative/Wall Street/1 Percent/Republican anti-government strategy is to set government up to fail (usually by starving it of funding). Then they point to the resulting “crisis” they created and say it proves that government doesn’t work so we should “privatize” it – in other words, rig the system against We the People by handing our common wealth over to a few wealthy people to harvest for personal profit.

Now they’re coming for the U.S. Postal Service.

Manufacturing A Crisis

Republicans created the problems with the Postal Service. In 2006 Republicans in Congress required it to come up with $5.5 billion per year to pre-fund 75 years of retiree costs. This means the Postal Service has to set aside money now for employees who are not even born yet. No other government agency – and certainly no company – has to do this.

They also require the Postal Service to make a profit – or at least break even. But democratic government is supposed to provide services to We the People. It is not supposed to be about making a profit off of us. Yet Republicans say government should be “run like a business.” Then they hamstring it, preventing it from competing with businesses because they say it has too many advantages and any competition would be unfair.

From the post, “You Should Be Outraged By What Is Being Done To Our Postal Service”:

Here are a few things you need to know about the Postal Service “crisis”:

  • The Postal Service is the second largest employer in the United States after Walmart. But unlike Walmart, which gets away with paying so little that employees qualify for government assistance, the Postal Services is unionized, pays reasonable wages and benefits and receives no government subsidies.
  • Republicans have been pushing schemes to privatize the Postal Service since at least 1996. In 2006 Republicans in the Congress pushed through a requirement that the Postal Service pre-fund 75 years of retiree costs. The Postal Service has to pay now for employees who are not even born yet. No other government agency – and certainly no company – has to do this.
  • Unlike other government agencies (like the military) since 1970 the Postal Service is required to break even.
  • While required to break even the Postal Service has to deliver mail to areas that are unprofitable for private companies to operate in. A letter sent from a small town in Alaska is picked up and transported across the country to a farm in Maine for 46 cents. … [M]any people for one reason or another still send letters. In a democracy these people are supposed to count, too.
  • But along with requiring the Postal Service to break even, Congress has restricted the Service’s ability to raise rates, enter new lines of business or take other steps to help it raise revenue. … [W]hile detractors complain that the Postal Service is antiquated, inefficient and burdened by bureaucracy, the rules blocking the Postal Service from entering new lines of business do so because the Postal Service would have advantages over private companies. …

The Postal Service is a public service for We, the People, not a business. The Service is hamstrung by people who pretend it is supposed to compete and then won’t let it. They won’t help with taxpayer dollars and say it has to compete in the marketplace … they give it rules that no private company could survive. Then when it gets into trouble, say that government doesn’t work, start laying people off, selling off the public assets, and saying it has to be “privatized” …

Privatization Destroys People And Communities

Privatizing the various parts of the postal service will move the workforce from good union jobs to low-wage, no-or-low-benefit private-sector jobs. Aside from the effect this would have on employees and their families – not to mention the inexpensive delivery of mail to even the most remote locations – privatization also destroys the surrounding communities. The USPS is the country’s second largest employer, so in this case the surrounding communities are … all of the communities in the United States.

In “The Privatization Scam: Five Government Outsourcing Horror Stories,” I wrote about a study that showed that wage and benefit cuts resulting from privatization hurt communities, including declining retail sales, greater reliance on public assistance and a larger share of at-risk children in low-income families.

Fighting Back

Now the people who work for the Postal Service are fighting back. The American Postal Workers Union (APWU) is announcing “A Grand Alliance to Save Our Public Postal Service.” As the alliance’s new website explains,

“In the face of aggressive attacks, a wide range of national organizations have come together to create A Grand Alliance to Save Our Public Postal Service. These organizations are united in the demand that the public good must not be sacrificed for the sake of private investment and profit. A strong public Postal Service is our democratic right. The Alliance is fighting to protect and enhance vibrant public postal services now – and for many generations to come.”

This Grand Alliance consists of a large number of organizations (At least “63 religious coalitions, retiree organizations, educational and postal unions, lawmakers and progressive advocacy groups”, according to The Washington Post, and more being added as I write) as well as individuals (you) who sign the pledge to “support the fight to protect and enhance vibrant public postal services now—and for many generations to come.”

Two Years In The Making

At his swearing-in ceremony in November 2013, APWU President Mark Dimondstein pledged to build a “Grand Alliance” to save the postal system, saying,

“We must build a grand alliance between the people of this country and postal workers. We must mobilize our allies and their organizations, including seniors, retirees, civil rights organizations, veterans groups, the labor movement, community and faith-based organizations, the Occupy movement, and business groups in defense of America’s right to vibrant public postal services.”

Two years later, at a press conference Thursday, Dimondstein explained that this alliance is forming “because the postal service belongs to the people and it is in danger.” He said there are “two competing visions of the future” – privatizing vs. staying public – and that there will be a conversion from “living wage to low-wage jobs” if the Postal Service is privatized.

Dimondstein said that the Postal Service “is our democratic right” and that it can operate cost-effectively “if you get rid of the manufactured crisis created in Congress.”

Also at the press conference, Melanie Campbell, President and CEO of the National Coalition of Black Civil Participation and convener of Black Women’s Round Table Public Policy Network said, “this is a fight for the people, we the people.” She called the Postal Service “a national treasure” and said, “We’re here today to stand in solidarity … Our national postal offices have faithfully served communities.”

The mission of this Grand Alliance:

The United States Postal Service is a wonderful national treasure, enshrined in the Constitution and supported by the American people. Without any taxpayer funding, the USPS serves 150 million households and businesses each day, providing affordable, universal mail service to all – including rich and poor, rural and urban, without regard to age, nationality, race or gender.

The U.S. Postal Service belongs to “We, the People.” But the USPS and postal jobs are threatened by narrow monied interests aimed at undermining postal services and dismantling this great public institution.

Even some postal executives have been complicit in the drive toward the destruction of the Postal Service and ultimate privatization: They have slowed mail service, closed community based Post Offices and mail processing facilities, slashed hours of operations, tried ceaselessly to end six-day service as well as door to door delivery, and eliminated hundreds of thousands of living wage jobs.

Good postal jobs are vital to strong, healthy communities, and have provided equal opportunities and the foundation for financial stability for workers from all walks of life, including racial and ethnic minorities, women and veterans. Postal services are essential to commerce and bind together families, friends and loved ones. In the day of e-commerce, a public postal service is as relevant as ever.

Yet those corporate forces who want to privatize public services allege that curtailing postal services and eliminating jobs are necessary due to diminishing mail volume and “burdensome” union wages and benefits. Nothing could be further from the truth.

In reality, a Congressionally manufactured USPS “crisis” imposed an unfair crushing financial mandate on the Postal Service that no other government agency or private company is forced to bear. (The Postal Accountability and Enhancement Act of 2006 compels the USPS to pay approximately $5.5 billion per year to fund future retiree healthcare costs 75 years in advance.) Without this unreasonable burden, the USPS would have enjoyed an operating surplus of $600 million in 2013 and over $1.4 Billion in 2014.

The people of this country deserve great public postal services. We advocate expanded services, such as non-profit postal banking and other financial services. We call on the Postmaster General and Postal Board of Governors to strengthen and champion the institution.

The public good must not be sacrificed for the sake of private investment and profit. A strong public Postal Service is our democratic right. Join us in the fight to protect and enhance vibrant public postal services now – and for many generations to come.


Meghan Byrd contributed to this post.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

Enormous, Humongous Trade Deficits Widen, Further Exposing Failed Policy

In December the trade deficit in goods and services made its largest percentage jump in more than five years and the 2014 yearly total is its highest since 2012 – which begs the question: Why is the Obama administration doubling down on the failed trade policies of its predecessors?

The U.S. has run massive trade deficits for decades since the Wall Street-driven “free trade” ideology came to dominate. “Free trade” de-industrialization has cost our country millions of jobs, tens of thousands of factories and entire industries. It has pushed down wages and greatly increased inequality. Now the Obama administration is doubling down, pushing a vast “NAFTA-style” trade agreement and asking Congress to pass a rigged “fast track” process to pre-approve it.

December’s Numbers

The U.S. Census Bureau reported Thursday that the December trade deficit jumped $6.8 billion (17.1 percent) to $46.6 billion, the largest since November 2012 and the biggest percentage increase since July 2009.

Exports fell $1.5 billion to $194.9 billion (with a chunk of our exports being oil and gas and other raw materials, not manufactured, finished goods). Imports rose $5.3 billion to $241.4 billion.

2014’s Totals

For all of 2014, the trade deficit increased $28.7 billion (6 percent) to $505 billion. There was a $6.5 billion (2.9 percent) increase in the services trade surplus and a $35.2 billion (5.0 percent) increase in the goods trade deficit. Note that exports increased, but imports increased more. Exports were $2,345.4 billion, up $65.2 billion or 2.9 percent. Imports were $2,850.5 billion, up $93.9 billion or 3.4 percent.

The resulting trade deficit subtracted 1.02 percentage point from last year’s GDP growth and is causing the government to revise growth forecasts downward.

The Economic Policy Institute’s Robert Scott pointed out that “The U.S. trade deficit in manufactured products increased to $524.2 billion in 2014, an increase of $76.8 billion (17.2 percent) from 2013. … Growing trade deficits in manufactured products have been a primary driver in the displacement of U.S. manufacturing jobs since 2000.”

The 2014 trade deficit with China increased by $23.9 billion to $342.6 billion. Exports to China were up $2.3 billion to $124.0 billion while imports from China increased $26.2 billion to $466.7 billion. Again, exports increased but imports increased more, resulting in job loss and a drain on our economy.

Korea and NAFTA

Since the Korea Free Trade Agreement, our trade deficit with Korea has surged more than 80 percent, which equates to the loss of more than 70,000 U.S. jobs. The U.S. goods trade deficit with Korea increased 20 percent in 2014 to more than $25 billion. 2014 exports to Korea were lower than 2011 — which was before entering into the KORUS Korea FTA.

Brad Markell, Executive Director of the AFL-CIO Industrial Union Council, issued a statement that included the following:

These numbers are a consequence of a murderer’s row of bad trade deals. Together, NAFTA, PNTR, CAFTA, and KORUS have gutted the U.S. manufacturing sector. They’re a hall of fame of horribles.

So why is the Obama administration doubling down on the failed policies of its predecessors? Especially when the President and his team have worked hard to encourage American manufacturing by saving the domestic auto industry, establishing a national technology strategy, and enforcing trade-rule violations. Their dogged pursuit of more old-style trade agreements will undermine all of the progress we have made.

Instead, the Obama administration should crack down on foreign government’s currency manipulation to help our manufacturing sector. Prominent economists across the spectrum like Art Laffer, Larry Summers, Jared Bernstein, Dean Baker and Rob Scott all agree this is a significant problem that should be addressed in trade agreements. But President Obama recently acknowledged provisions on currency manipulation are being left off the table.

Currency Manipulation

A major cause of the trade deficits was currency manipulation by other countries. By manipulating the value of their own currency countries can cause American-made goods and services to cost more internationally. China and Japan are two of the worst offenders.

Currency manipulation is not addressed in the Trans-Pacific Partnership agreement now under negotiation.

A February 2014 report from the Economic Policy Institute (EPI), “Stop Currency Manipulation and Create Millions of Jobs,” shows how currency manipulation by China and others are costing the United States between 2.3 million to 5.8 million jobs.

Japan’s currency manipulation contributes to the approx. 897,000 us jobs lost to our 2013 trade deficit with that country — 466,000 of those in manufacturing.

Robert Scott of the Economic Policy Institute explains:

The U.S. dollar gained 13.3 percent against other major currencies between December 2013 and January 2014 (according to the Board of Governors of the Federal Reserve System) as a result ofcurrency manipulation by Japan and the slowdown in Europe.  Dollar appreciation reduces the competitiveness of U.S. exports and increases the U.S. goods trade deficit.

Trans-Pacific Partnership (TPP) And Fast Track

The Obama administration is pushing the Trans-Pacific Partnership (TPP) by saying that we need this trade deal to keep China from dominating the region. But our problem with China is because of trade deals. We set up conditions when we agreed to bring China into the World Trade Organization (WTO) and we were promised jobs from exports. Instead we got massive imports.

President Obama talks about “boosting exports” but does not mention imports or the enormous, humongous trade deficit. The administration is putting up with these trade deficits and refusing to do anything about currency manipulation by China, Japan and others, while pushing TPP.

The TPP has nothing that fixes this problem. It does not require balance; it does not address currency manipulation. All it does is set up rules that create conditions for the giant multinational corporations to dominate and prevent competition.

EPI’s Robert Scott, in Increased U.S. Trade Deficit in 2014 Warns Against Signing Trade Deal without Currency Manipulation Protections warns of consequences of TPP, because several of the TPP countries are currency manipulators:

U.S. trade and investment deals such as the North American Free Trade Agreement and the U.S.-Korea Free Trade Agreement, and China’s membership in the World Trade Organization, have resulted in growing U.S. trade deficits and job losses and downward pressure on U.S. wages.   Several members of the proposed TPP are well known currency manipulators, including Malaysia, Singapore, and Japan. In fact, Japan is the world’s second largest currency manipulator, behind China. The United States should not sign a trade and investment deal with these countries that does not include strong prohibitions on currency manipulation.

Action note: The Alliance for American Manufacturing asks you to: “join us in telling Congress to ensure currency manipulation is addressed in the TPP.

We don’t need any more “free trade” agreements. The U.S. has run large and increasing trade deficits since the late 1970s, when the “free trade” ideology took over. The results are obvious. These trade agreements have devastated entire “rust belt” regions of the country. They have kept wages stagnant for decades. They have caused “structurally” high unemployment. They have shifted the middle class down into demeaning, low-wage jobs. They have brought incredible, massive wealth to a very few gazillionaires as they move more factories and jobs out of the country and pocket the wage and environmental-protection differential and these gazillionaires are now controlling our entire political system.

Enough Is Enough

We don’t need more corporate-dominated, rigged trade agreements. Instead we need to fix the agreements we already have. To do this we need to reform the corporate-dominated process that has gotten us where we are today. We need to bring in all of the stakeholders in these agreements and put them at the negotiating table.

Imagine a trade agreement negotiation by representatives of consumer, labor, environmental, health, LGBT, democracy and other citizen “stakeholder” groups instead of solely by and for the giant multinational corporations. Imagine the changes in the way we can all live.

Imagine a trade agreement that prohibits employers from threatening to move a job out of the country to keep someone from getting a raise. Imagine a trade agreement in which the participants agree not to import any goods from countries that allow pollution of the environment. Imagine a trade agreement that outlaws the sale of goods made in conditions that are unsafe for workers. Imagine a trade agreement that sets minimum standards for product reliability and customer support. Imagine a trade agreement that sets a limit on the gap between CEOs and their employees.

Honestly, democratically and transparently negotiated trade agreements could bring about a new direction for the world’s economy and citizens.

Actions

Campaign for America’s Future says: “No More Job Killing Trade Agreements.”

The Communications Workers of America (CWA) wants you to: “Tell Congress: We Can’t Afford to Outsource More Jobs.”

Robert Reich says, “I’m collaborating with my friends at Democracy for America and MoveOn to spread the word about why the TPP is such a bad idea. Check out this email that I made with MoveOn — and then sign DFA’s petition to Congress.”

Public Citizen wants you to email your representative to keep us from taking the Fast Track down the same losing path.

Magic: The “Inside the Beltway” Distortion Trick

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

Let’s Take Apart The Corporate Case For Fast Track Trade Authority

U.S. Trade Representative (USTR) Michael Froman appeared before Congress Tuesday to make the corporate argument for “fast track” trade promotion authority. The USTR and President Obama are pushing fast-track pre-approval for the Trans-Pacific Partnership (TPP) and other big “trade” agreements they are working on. The Chamber of Commerce, Business Roundtable and other corporate groups and lobbyists are also pushing hard for Congress to pass fast track.

The promoters of fast track say we need it to push “trade” agreements through Congress to expand trade and increase exports. “What we’re going to do through this trade agreement is open up markets,” Froman told Congress Tuesday, “and then level the playing field so we can protect workers, protect American jobs and then ensure a fair and level playing field by raising labor and environmental standards, raising intellectual property rights, standards and enforcement, making sure that we’re putting disciplines on state-owned enterprises that pose a real threat to workers.”

These corporate arguments (you can see them in this Chamber of Commerce slide show “Ten Reasons Why America Needs Trade Promotion Authority”) just make me more skeptical of what they are selling. Here’s why.

1) President Obama, trade representative Froman, the Chamber of Commerce and others repeat the talking point, “95 percent of the world’s markets are outside the U.S..” This makes me skeptical of what they are selling because it is a “look over there at that shiny object” argument.

Saying that 95 percent of the world’s markets are outside the U.S. implies that we need TPP and other agreements because we are currently not selling goods to 95 percent of the world. This is patently false. We sell goods and services around the world already. In fact, it contradicts other corporate arguments for these agreements like, “More than 38 million American jobs already depend on trade.”

This argument deceives people about the very nature of these agreements. Most of the objections being voiced over these coming agreements are about non-trade issues. Only five of TPP’s 29 chapters deal with what people understand as “trade.” So an argument that TPP and similar agreements will “expand trade” masks what the bulk of these agreements are really about, which is getting governments off the backs of the giant corporations and protecting their profits from competition and democratic regulation.

Just one example of this is the “investor-state dispute settlements” provision, which I have called “corporate courts.” This part of “NAFTA-style” trade agreements, including TPP, allows corporations to sue governments that pass laws and regulations that interfere with profits. Similar clauses in trade agreements around the world have, for example, enabled tobacco companies to sue governments for trying to protect the health of their citizens. Under TPP these suits will be adjudicated by corporate attorneys, not democratically constituted courts.

Other examples are expanded copyright and patent protection for the giant multinationals, which will increase the cost of pharmaceutical products and potentially restrict the freedom of the Internet.

Obviously the corporate advocates of these agreements want this, so they are using distraction, diversion and shiny promises of increased trade and more jobs to sell the agreements.

2) Froman, testifying before the Senate Tuesday, said that we need these new agreements because our country has low tariffs and other barriers to entry while many countries we trade with have high tariffs and barriers to entry.

Wait, back up, he is saying that other countries have high tariffs and barriers to entry but we let goods from those countries into our country with low tariffs and few barriers? What? Doesn’t this undermine our country? Don’t low import tariffs cost badly needed revenue and enable offshoring of jobs and factories? Isn’t this a recipe for imbalance, job loss and huge trade deficits? (And don’t we have imbalance, job loss and huge trade deficits as a result of that recipe?)

In other words, he is saying that the U.S. has been an absolute and complete patsy on trade. And obviously we have been paying the price. Our government hasn’t enforced trade balance and hasn’t protected American interests, which has cost us wages, jobs, factories and entire industries. We have an enormous, humongous trade deficit and that has lowered our standard of living, and driven inequality. Trade agreements haven’t fixed this — recent trade agreements like NAFTA and South Korea have worsened this problem, with more job loss and even larger trade deficits.

The USTR and the president argue that TPP will reset this problem and will enforce good labor and environmental standards. (Enforcing international labor standards would require our government to boost enforcement and a number of U.S. states to change their laws, by the way.)

The U.S. government has no credibility when it comes to protecting Americans from trade imbalances and the resulting loss of wages, jobs, factories and entire key industries. Yet with this terrible record Froman and the president are asking Congress to pre-approve new trade agreements by passing fast track. They are asking this while the coming agreements – negotiated using the same corporate-dominated process that caused the mess – are still secret. They are asking this even though fast track will prevent Congress from adequately examining and debating agreements and fixing problems. Fast Track also keeps the public from having time to read and comprehend the agreements and rally opposition if opposition is warranted.

Saying that we have been patsies isn’t an argument for setting up a fast-track process to pass more trade agreements; it is an argument for backing up and replacing everyone and everything involved in setting and enforcing our government’s trade policies. Pushing through even more agreements using the same corporate-dominated process that caused the mess is not a way to fix the mess; it is a way to make things even worse.

3) Corporate advocates for fast track argue that we need to increase exports. This is exactly right, but they never, ever, ever, ever, ever mention imports and trade deficits. Why is that? We need balanced trade. If imports increase more than exports this represents a net loss of jobs, technology, manufacturing ecosystem and our living standard. If trade imbalances continue over time it throws the entire world’s economy out of balance. (It does things like enable 80 people to have as much wealth as half of the world’s population, and 1 percent of the world to have more wealth than all of the rest combined.)

Is there a section of these new agreements – the five of 23 chapters that are actually about trade, anyway – that requires that trade be balanced so we can stop losing jobs, wages, factories and industries? TPP is still secret, so we don’t really know. And fast track doesn’t give us time to find out once we do see the agreement, and doesn’t allow us to fix it if it doesn’t require balance.

4) Corporate advocates say “more than 38 million American jobs already depend on trade. This is one in every five jobs across the country.” I’m not sure how this is an argument for new trade agreements when they say we’re already doing so great. In any event, they are not bringing up the jobs we have lost to imports – which is more than the jobs we have gained from exports. They’re again saying “trade is good” to divert us from seeing that only five of the 29 chapters of TPP are even about trade at all. The rest is about getting democratic government off the backs of the giant multinational corporations and protecting them from competition.

5) Another corporate argument is that 97 percent of American companies that export are small businesses. This is another misleading and irrelevant number. They don’t say what percent of our exports come from these small businesses. And trade agreements that reinforce the monopolies held by giant multinational corporations by expanding their copyright and patent dominance certainly do not help smaller businesses. They are instead designed to limit competition.

What is needed is for the the contents of the TPP agreements to be made public now and for stakeholders like labor, environmental, consumer, democracy, health and all other groups to be part of the process right now. Then, when an agreement is concluded, Congress and the public need adequate time to fully analyze and discuss these agreements and their implications. Finally, Congress should be able to fix problems with the agreements to bring them in line with the interests of all Americans.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

Protesters Disrupt Senate Fast Track Hearing

US Trade Representative (USTR) Michael Froman testified before the Senate Tuesday. He was there to push Congress to pass Fast Track Trade Promotion Authority (TPA), so new trade agreements can get pushed through. Protesters disrupted the hearing. The people are trying to make their voices heard over the corporate push for Fast Track.

Heating Up

Things are heating up as big new corporate “trade” agreements get closer to coming before Congress. These trade agreements have a terrible track record for American workers, because they have driven inequality, devastated entire regions of the country, and hollowed out the middle class. New corporate-centered trade agreements being negotiated will go far beyond previous NAFTA-style deals, by setting up monopoly protections for giant multinationals, elevating corporate rights above the rights of governments, and setting up corporate-run tribunals, that will have the power to override laws and regulations if they interfere with corporate profits.

Monday, the Trans-Pacific Partnership (TPP) negotiations resumed in New York City. Even though the big blizzard was starting, the negotiators were greeted by protests, as hundreds of people representing trade, labor, environmental, health, communities of color, anti-GMO and food justice, anti-fracking, animal rights, and other groups that will be hit hard by TPP and other upcoming agreements.

Hearing Disrupted

Tuesday, USTR Froman testified before the Senate, and was met with protests. Roll Call reports, in “Protesters Arrested at Fast-Track Trade Hearing”:

Capitol Police arrested three sign-carrying, slogan-shouting demonstrators who disrupted a Tuesday morning Senate Finance Committee hearing on the president’s trade policy agenda.

The protesters wore shirts reading “No Fast Track” and greeted U.S. Trade Representative Michael Froman with signs stating, “Froman lies” — a response to his statement to the committee that trade promotion authority “is Congress’s best tool to ensure that there is ample time for public scrutiny and debate on U.S. trade agreements.”

The Daily Dot reports, in “Internet freedom activists storm congressional TPP hearing”:

Margaret Flowers, a member of Physicians for a National Healthcare plan and a longstanding TPP critic, burst in carrying a sign reading “Trading away our future,” and shouting “we know the Trans-Pacific Partnership is negotiated in secret!”

As she was being escorted away by security, a pair of male protesters entered from another door. “You’re going to super-size NAFTA!” one yelled, as the other simply repeated “No TPP!” The two unfurled a banner behind Froman, who stared straight ahead with an annoyed look on his face.

Then a third wave hit: Three protestors sitting behind Froman held up other signs, like one reading “Fast track constitutional train wreck.”

Fast Track Limits Congress’ – Democracy’s – Ability To Make Changes

Froman was asking Congress to pass “Fast Track” Trade Promotion Authority (TPA), a process that sets aside Congress’ Constitutional duty to define and review (and fix) trade deals. Under Fast Track, Congress agrees not to amend agreements, to limit the amount of time spend discussing the deals, and to vote on approving the treaty within 90 days of Congress and the public first seeing what is in the agreement.

Rep. Alan Grayson (D-FL), appeared on the Thom Hartmann show to discuss Fast Track process:

The Fast Track legislation prohibits subcommittee debates, subcommittee hearings, subcommittee markups, full committee debates, full committee hearings, full committee markups, and it limits us in the House of Representatives to 88 seconds of debate for each one of us. Eighty-eight seconds to extend to 40 other countries (if we count both trade deals the President is working on), the disaster that’s been visited upon the U.S. economy simply by having a dozen existing countries with these deals in effect. They want to put our $30/hour workers directly in full head-to-head competition with the $0.30/hour workers in Vietnam and Brunei and in other places like that, who have no environmental protection, no labor rights, and in many cases are [relying on] slave labor. That’s what these deals are trying to do. It’s the Fast Track to Hell.

In addition to only 88 seconds per Representative to discuss the treaty, 90 days from first seeing a trade agreement does not give the public time to read and analyze the repercussions of these massive trade deals. It does not give the public time to organize opposition if opposition is warranted.

It is no wonder that citizens are trying to overcome the corporate juggernaut pushing Fast Track. It is a rigged process, designed to push these agreements past Congress and democracy, before the public can do anything about it.

Call your member of Congress, and both of your Senators, and tell them you oppose Fast Track. The coming trade agreements will require sufficient time for the public to read and fully comprehend them. They might have flaws that Congress should be able to fix.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

Protests As Trans-Pacific Partnership Talks Resume In New York Today

Negotiators working on the Trans-Pacific Partnership (TPP) convened today in New York City. Even the location was kept secret until the last possible minute, but hundreds of trade, labor, environmental, health, communities of color, anti-GMO and food justice, anti-fracking, animal and other activists still showed up in the big blizzard to protest the secret trade agreement and “fast track” trade promotion authority (TPA).

TPP is a huge “trade” agreement, which will set the rules for 40 percent of the world’s economy. It is being negotiated in secret. Corporate representatives are part of the process, stakeholders like environmental, consumer, labor, democracy, health and other groups are excluded from the negotiations. Needless to say the agreement (some of it has leaked) reflects corporate interests at the expense of the rest of us and our governments. Meanwhile President Obama is asking Congress to pass fast-track TPA, which rigs the rules so that Congress essentially pre-approves TPP before Congress and the public even see what is in the agreement, never mind have the time to study it and rally opposition if opposition is warranted.

TPP Grants Monopolies

The Electronic Frontier Foundation (EFF) helped organize the protests because of their objection to extended monopolies being negotiated in TPP’s copyright rules. In their post, Secret TPP Negotiations—And Public Protests—To Be Held in New York City, they explained,

… The countries negotiating TPP with the US are willing to give in and agree to bad copyright rules as long as they get the other gains they were promised—things like market access and lowered tariffs so they can sell their products to US consumers. But those other countries will not budge without a guarantee that the overwhelming public opposition to the agreement won’t prevent its adoption in the United States. Fast Track offers that guarantee; that’s one reason the White House is now desperate to pass it.

Several public interest groups are organizing a protest outside the luxury Sheraton Hotel this Monday, January 26 at noon. Many of those demonstrating will be there to oppose other provisions in the TPP, but we encourage people to be there to represent all the users around the world who will be impacted by this massive agreement’s draconian policies.

A “Death Pact” Not A Trade Agreement

AIDS activists joined the various groups at the protests. They are objecting to the monopolies TPP would grant to certain large pharmaceutical corporations, which they fear would bring the price of AIDS drugs beyond the reach of many in need of them. Health Global Access Project (Health GAP) released a statement that included the following,

Previously leaked proposals revealed that the US seeks easier-to-get, stronger, and longer patent monopolies on medicines and new monopolies on drug regulatory data that would prevent marketing of more affordable generic equivalents. It also seeks restrictions on price control measures and enhanced investor rights that would allow drug companies to sue governments when their expectations of exorbitant profits are undermined by otherwise lawful government policies and decisions. These are among the most severe intellectual property rules ever demanded in international trade.

“The TPP would create a vicious cycle. The provisions currently proposed will allow for fracking and other practices that fuel environmental degradation and make people sick. Strengthened intellectual property rules will then prevent people from accessing life- saving medicines,”, said Michael Tikili of Health GAP, one of the endorsers of the demonstration. “Thirteen million people living with HIV depend on generic AIDS medicines and another 20-plus million are waiting line for treatment. By protecting Pharma’s bloated profits, the Obama administration is undermining its own global AIDS initiative – this isn’t a trade agreement—it’s a death pact.”

Other groups represented at the New York TPP protest included the Teamsters, Fight for the Future, Green party, Popular Resistance and others.

Pictures of cold-looking protesters here, here, here, here and here.

Please visit:

Expose the TPP

Stop Fast Track

No fast Track

Stop TPP

Flush the TPP

Communications Workers of America (CWA)

Global Trade Watch

Progressive Democrats of America TPP Page

People Demanding Action

Trade Justice

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

What Obama Got Wrong In His State of the Union Remarks On Trade

The President briefly spoke about trade in his State of the Union speech. He admitted that “past trade deals haven’t always lived up to the hype” but then he called for doing more of the same. He called for Trade Promotion Authority (TPA) — “Fast Track” — to pass the Trans-Pacific Partnership (TPP).

Here is what President Obama said about trade (from pre-released transcript):

21st century businesses, including small businesses, need to sell more American products overseas. Today, our businesses export more than ever, and exporters tend to pay their workers higher wages. But as we speak, China wants to write the rules for the world’s fastest-growing region. That would put our workers and businesses at a disadvantage. Why would we let that happen? We should write those rules. We should level the playing field. That’s why I’m asking both parties to give me trade promotion authority to protect American workers, with strong new trade deals from Asia to Europe that aren’t just free, but fair.

Look, I’m the first one to admit that past trade deals haven’t always lived up to the hype, and that’s why we’ve gone after countries that break the rules at our expense. But ninety-five percent of the world’s customers live outside our borders, and we can’t close ourselves off from those opportunities. More than half of manufacturing executives have said they’re actively looking at bringing jobs back from China. Let’s give them one more reason to get it done.

But…

1) Exports are good for an economy, but exports and imports must be balanced. While our exports are up, our imports are up even more. This is why we have an enormous, humongous trade deficit. When imports are greater than exports it means jobs, factories and if the imbalance continues eventually the necessary pieces of industry ecosystems are lost. Our trade deficit is enormous and our trade has been out of balance since the 1970s.

Here is Paul Krugman, writing at his blog Monday,

The immediate problem facing much of the world is inadequate demand and the threat of deflation. Would trade liberalization help on that front? No, not at all. True, to the extent that trade becomes easier, world exports would rise, which is a net plus for demand. But world imports would rise by exactly the same amount, which is a net minus. Or to put it a bit differently, trade liberalization would change the composition of world expenditure, with each country spending more on foreign goods and less on its own, but there’s no reason to think it would raise total spending; so this is not a short-term economic boost.

Krugman also points out that current trade tariffs and protections are low, so a “trade” deal doesn’t really remove imposing barriers. He suspects that groups representing the giant multinationals, like the Chamber of Commerce, are really pushing this deal because it rigs the system in their favor and “will yield them a lot of monopoly rents.” Which leads to Obama’s next argument.

2) This idea that “we” should “write the rules” to “level the playing field” is interesting. Yes, China would like to write rules of trade in its favor. But it doesn’t follow from this that we should allow the giant multinational to write the rules in ways that rig the system against everyone but them. And this is exactly what TPP does. TPP is being negotiated in secret with participation of corporate representatives while representatives of labor, consumer, democracy, human rights, women’s, environmental and other “stakeholder” groups are kept away from the table. Only a small part of TPP is about “trade” at all, while parts of it elevate corporate rights above the rights of citizens in democracies to make their own laws. (For example tobacco companies can sue governments for profit-loss from anti-smoking campaigns. Under similar “trade” agreements this is already happening.)

And speaking of rigging the system …

3) Trade Promotion Authority (TPA) hardly “protects American workers.” Also known as “Fast Track,” TPA essentially pre-approves trade agreements before anyone even sees them. TPA pre-rigs the approval process by forcing an up-or-down vote with no amendments allowed within 90 days of anyone even seeing the agreement for the first time. This means the public doesn’t have time to fully comprehend what is in the agreement and rally opposition if opposition is warranted. Fast Track shifts the public and press focus to “will they kill the whole agreement” rather than on what is actually in the agreement. (This is how they were able to push Wall Street deregulation through the last “Citibank Budget” deal.)

4) There is nothing in past or upcoming trade agreements that will incentivize bringing manufacturing and other jobs back to the US, which the President promised. On the contrary, TPP includes Vietnam which boasts a minimum wage of 30 cents per hour and has a terrible record on labor rights. This tells us what we need to know about the incentives for manufacturers to bring jobs back.

5) One of the biggest factors in American job loss is currency manipulation, but TPP does not address currency manipulation. (TPP is being negotiated in secret but leaks and other indications tell us that there is nothing to address currency manipulation.) Jared Bernstein wrote about this in a January 9 NY Times op-ed, How to Stop Currency Manipulation, saying,

“… there’s one thing the administration can do that will both win over some opponents and address one of the biggest issues in global trade: add a chapter on currency manipulation.

… In a compelling argument for including a chapter in the Trans-Pacific Partnership to restrict currency manipulation, C. Fred Bergsten of the Peterson Institute for International Economics estimated that America’s trade deficit “has averaged $200 billion to $500 billion per year higher as a result of the manipulation” by the rest of the world, resulting in the loss of one million to five million jobs.

The loss of 1-5 million jobs to currency manipulation is a lot of jobs, yet this isn’t even in the agreement!

6) The President said that “past trade deals haven’t always lived up to the hype.” Please see last week’s post What You Need To Know When Obama Talks Trade for a breakdown of what has happened with previous trade agreements. Also see the Public Citizen report, Prosperity Undermined: Fast-Tracked Trade Agreements’ 20-Year Record of Massive U.S. Trade Deficits, American Job Loss and Wage Suppression for a more comprehensive look at what these trade agreements have cost US workers, our manufacturing ecosystem and our economy — just so that a few executives and billionaires can get even wealthier.

Boost Wages Or Trade Agreements — But Not Both

The President wants to address income inequality. But these trade agreements have been a major driver of income inequality. American worker wages have been frozen for decades as workers were threatened with their jobs being moved out of the country. A few at the top have pocketed this wage differential for themselves. Trade deals that pit American workers and the “costs” — higher wages, environmental protections, etc — of democracy against non-democracies where people don’t get good wages and the environment is not protected work against the President’s stated goals.

Josh Bivens writes at the Economic Policy Institute blog, Trade Agreements or Boosting Wages? We Can’t Do Both,

To put it plainly, if policymakers—including the President—are really serious about boosting wage growth for low and moderate-wage Americans, then the push to fast-track TPP and TTIP makes no sense.

… the most staid textbook models argue precisely that for a country like the United States, expanded trade should be expected to (yes) lift overall national incomes, but should redistribute so much from labor to capital owners, so that wages actually fall. …

Also see Obama vs. Obama: The State of the Union’s Self-Defeating Trade Pitch at the Eyes on Trade blog for “a side-by-side analysis of how Obama’s push to Fast Track the TPP contradicts his own State of the Union agenda.”

A Few Other Reactions

At a Wednesday press conference with Rep. Louise Slaughter (D-NY) and other House Democrats, Rep. Slaughter said, “The president said last night that previous trade deals had not lived up to the hype. That may be the understatement of the century. We will fight this tooth and nail, and I believe we are going to win.”

Also at the press conference, Rep. Pete DeFazio (D-OR) said, “Fast track is designed to embed into these so-called free trade agreements a bunch of things that are detrimental to the American public.”

Coalition for a Prosperous America (CPA) “The Coalition for a Prosperous America (CPA) advocates a new direction in trade policy focusing upon balanced trade, a comprehensive US competitiveness strategy, and producing more of what we consume here. We oppose Congress ratifying the past, wrongheaded trade strategy which produces trade deficits, job loss, and incentives to offshore manufacturing for re-import into the US.”

Alliance for American Manufacturing (AAM): “By ignoring the concerns of industry, workers, and majorities of the House and Senate, he’s not only putting the TPP at risk, he’s putting a whole lot of auto jobs in the US at risk, too.”

Communications Workers of America (CWA):

“…[W]e cannot stand with the President in his alliance with Republican Majority Leader Mitch McConnell, House Speaker John Boehner, the U.S. Chamber of Commerce and Business Roundtable to send more U.S. jobs offshore, undermine U.S. communities and weaken U.S. sovereignty under the guise of “free trade.” The Trans-Pacific Partnership (TPP) has much more to do with protecting the investment of multinational corporations and maneuvering around China than lowering trade barriers.

Public opposition to “fast track authority” and the TPP is strong, and growing more vocal everyday. Consumer groups, workers, environmentalists, people of faith, students and more have united to stop this attack on U.S. jobs and communities. Conservatives, who do not believe that nations should relinquish their sovereign power to secret tribunals, also are on board.

Over the past 20 years, millions of U.S. jobs have been lost. The jobs U.S. workers had been promised over those years of course never materialized. In fact, just two trade deals – NAFTA and the Korea Free Trade Agreement — have resulted in the loss of nearly 800,000 jobs. The promoters of the TPP are again promising job gains through growth in U.S. exports. But we can do the math. Any new jobs will be dwarfed by the flood of jobs that go offshore.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.