As if we haven't been decimated already by Bill Clinton's NAFTA, it seems the newest idiocrat in chief wants to keep on moving the jobs out of the United States..

This guy really knows how to create jobs..


Next Up: After Debt-Ceiling Debacle, New Trade Deals Pushed by Obama.


At this moment, it appears that one of the key elements of the Obama jobs program figures to be “free trade agreements” based on the NAFTA model with South Korea, Colombia and Panama. None of these are appealing: The Machinists worry the Korean deal, along with troubling elements on labor rights in South Korea, will act as a "funnel" for products made in China and North Korea. Colombia has consistently been the world’s leader in the assassination of union leaders. Panama “specializes in offshore tax evasion," as MSNBC’s Dylan Ratigan recently noted.

Contrary to what the White House’s corps of corporate-friendly economic advisors believe with unquestioning religious zealotry, “free trade” agreements do not automatically provide more jobs in America. Global Trade Watch, a labor-supported advocacy group, estimates that 4.9 million jobs have been lost due to deals like NAFTA and China’s entry into the World Trade Organization. The Economic Policy Institute’s Robert Scott estimates that an additional loss of about 170,000 U.S. jobs would occur due to the South Korea trade deal.

A September 2010 NBC News and Wall Street Journal poll stressed that the offshoring of jobs it is one of the few issues which unites Americans across educational, class and political party lines. Fully 86 percent named offshoring jobs by U.S. corporations to low-wage nations as a top cause of our economic misery. It was the leading concern, leaving far behind such issues as deficits and health care costs.

This concern has been fed by revelations like major job exporter GE paying no taxes on $14.2 billion in profits—with its manipulation of international tax laws a crucial factor— and U.S. firms destroying 2.9 million jobs at home while creating 2.4 million abroad since 2000.

http://inthesetimes.com/working/entry/11799/next_up_after_debt-ceiling_debacle_new_trade_deals_pushed_by_obama/

He didn't say he'd create jobs in the United Sates of America, he just said he would create jobs!

Really old news. The United States and the Republic of Korea signed the United States-Korea Free Trade Agreement (KORUS FTA) on June 30, 2007. That's with a 7.

The North American Free Trade Agreement was originated in '86'. Herbert Walker Bush signed the agreement in '92'. Clinton signed it after it was ratifide in '94'.

We live in a global economy, there is no avoiding it; and there is no going back. The best thing we can do as a nation is pull together and learn to be the best at it. History has proven time and time again that survivival is not to the swiftest or the strongest, but to those who could adapt.

We need to adapt.

K.

Both the dems and republicans are in on this together. Its save to assume its realy the elites vs the common man.

We have no business competing economicly with someone who will work for pennies an hour and zero environmental laws.

We can choose who we do business with and business that controls both parties chooses to give work to those who will work for a bowl of rice.

As usual.. You don't have a fning clue.



Pending Congressional Approval

The United States and the Republic of Korea signed the United States-Korea Free Trade Agreement (KORUS FTA) on June 30, 2007.

http://www.ustr.gov/trade-agreements/free-trade-agreements/korus-fta



DO YOU NOTICE.. PENDING CONGRESSIONAL APPROVAL?



Is this recent enough for you or is a month ago old news?

7/7/2011

Washington, D.C. — United States Trade Representative Ron Kirk issued a statement following informal markups in the Senate Finance Committee and House Ways & Means Committee of trade legislation. President Obama has called for the swift approval of trade agreements with South Korea, Colombia, and Panama, along with a bipartisan agreement on Trade Adjustment Assistance.

http://www.ustr.gov/about-us/press-office/press-releases/2011/july/ambassador-ron-kirk-comments-following-trade-markups


I appreciate your pathetic attempts because they humor me.

I just wish that you would make it more of a challenge.