As my good friend James Carville is apt to remind, “It’s the economy, stupid!” Leaders of the new Republican majority should heed that advice at every turn as they craft their agenda for the next session of Congress. [Reposted from Forbes Opinion online | Art Laffer | January 20, 2015] A prosperous economy is…
Overproduction in the Chinese government owned steel industry is causing a global oversupply and driving out otherwise competitive US producers. Obama administration and GOP leadership refuse to do anything about it, but rather fast forward on the same field trip trade policy. [Reposted from Zacks | January 22, 2015] The new year does not…
Representative Sandy Levin (D-MI-09) has proposed the following negotiating priorities for the Trans-Pacific Partnership. Levin is Ranking Member on the House Ways and Means Committee. He has taken the position that Fast Track trade authority is unnecessary and unwarranted because the US Trade Representative’s office has largely negotiated it already. Instead, Rep. Levin says, Congress…
For immediate release: Contact:Sara Haimowitz, Development DirectorCoalition for a Prosperous America[email protected]; 202 688 5145 CPA Analysis of Obama’s SOTU Request for Fast Track President Obama asked Congress for Fast Track trade authority in his State of the Union address last night. The Coalition for a Prosperous America (CPA) advocates a new direction in trade policy…
We all know how NAFTA turned out for us (for most of us, anyway). We all know how opening up trade with China turned out. It’s right in front of our faces. Who hasn’t seen the boarded-up downtowns of closed-down “factory towns?” Who hasn’t felt the fear of hearing, “We’re moving your job to China”?…
There is bi-partisan opposition in Congress to Fast Track and a large movement of movements mobilized to stop it. [Reposted from Popular Resistance | Kevin Zeese and Margaret Flowers | January 18th, 2015] The corporate media is reporting that since the Republican leadership and President Obama support Fast Track trade authority, it is a done…
The following article features a comment by Michael Stumo, CEO of CPA [Reposted from Inside US Trade | David Thomas | January 8, 2015] The National Export Initiative’s (NEI) failure to double exports from 2009 levels by the end of this year is due to a number of factors, some outside the Obama administration’s control…
Representative Paul Ryan has set a January 27, 2015 Ways and Means Committee hearing with USTR Michael Froman on trade. Senator Orrin Hatch has set a Senate Finance Committee hearing on trade policy, featuring Michael Froman, on the same day. It is important for us to let the GOP rank and file know that they…
A frustrated White House is planning to blitz congressional Democrats on trade in the weeks following Tuesday’s State of the Union address. [Reposted from The Hill | Vicki Needham | January 20, 2015] President Obama is tasking every member of his Cabinet to round up votes from Democrats for fast-track negotiating power, which would give…
Unabashed liberals Rosa DeLauro and Keith Ellison are finding themselves taking sides with tea party-backed Republicans Walter Jones and Duncan Hunter in the fight against a common enemy — the White House’s GOP-backed trade agenda. [Reposted from Politico | Adam Behsudi | January 20, 2015] The extreme political opposites are pushing back on trade just…
