by Michael Stumo Still pushing the zombie TPP forward, the White House sent a draft Statement of Administrative Action (SAA) to Congress. It describes how the TPP will change US laws to comply with the globalist trade treaty. The administration has been deploying every cabinet official it can find, even the head of the National…
by Michael Stumo I was in DC last week. The votes for the Trans-Pacific Partnership do not exist at this time. Big qualifier… “at this time”. Here is what I know. My education task is, and has been, to show legislators and staffers how trade deals have helped cause our trade deficit, enabled new mercantilism…
The White House put Congress on notice Friday morning that it will be sending lawmakers a bill to implement President Barack Obama’s landmark Trans-Pacific Partnership agreement – a move intended to infuse new energy into efforts to ratify the flat-lining trade pact. [Adam Behsudi | August 12, 2016 | Politico] The submission of the draft Statement of Administration…
HICKORY, N.C.—In the late 1990s, this furniture-making hub seemed sheltered from the disruptive forces of globalization. Laid-off steelworkers from West Virginia, Tennessee and beyond streamed here for new jobs building beds, tables and chairs for American homes. The unemployment rate fell below 2%. [Bob Davis and Jon Hilsenrath| Wall Street Journal] These days, Hickory is still suffering…
In a rules-based system, the rules are developed to permit the smooth functioning of the members within the system by identifying what can and cannot be done. Stop signs and traffic lights are common in nearly all societies to permit the movement of people and goods in a manner that both facilitates movement and ensures…
U.S. Rep. Richard Neal anticipates playing an “important role” in Congress opposing theTrans-Pacific Partnership trade deal, should it come to a vote before the end of the year. [Shira Schoenberg| August 8, 2016 |MassLive] The free trade deal between the U.S. and Pacific Rim nations is a major potential legacy of President Barack Obama, a Democrat. But both…
[Dan Lipinski| August 9, 2016 |Chicago Tribune] President Barack Obama has told Americans that the Trans-Pacific Partnership would grow American jobs as trade barriers are removed and exports to foreign countries increase. The same promises were made with past trade deals, but those deals wound up hurting America’s middle class. And unfortunately, a close reading…
FOR IMMEDIATE RELEASE August 9, 2016 Contact: Paola Masman, Media Director 202-688-5145 ext 2, [email protected] Government Report: June Trade Deficit Jumps 8.5% Despite Trade Deals Washington~ The US trade deficit in June grew by 8.5% according to a government report released on August 4th. Now at its 10-month high, the trade deficit reached a whopping $44.5 billion.…
President Obama’s renewed pitch for the Trans-Pacific Partnership (TPP) on Tuesday ran into blunt reality when six House Republicans urged him not to send the trade accord to Congress for a vote this year. [David Nakamura| August 2, 2016 |Washington Post] The request, made in a letter to the White House, represents another potentially serious blow to the…
In an election defined by Donald Trump’s ethnocentrism, there’s at least one thing that both his and Hillary Clinton’s campaigns agree on: They want to unravel the Trans-Pacific Partnership, the largest regional trade pact meant to tie closer together the United States, Japan, and 10 other nations around the Pacific Rim. Over the protests of…
