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Wednesday, November 07, 2007

CNN On Dems' NAFTA Expansion

Lori Wallach of Public Citizens Global Trade Watch makes the case against the Peru NAFTA expansion.

Wallach writes:

While many corporations are eager to obtain the new rights and privileges offered by this FTA, expanding the NAFTA-CAFTA model will harm the interests of most people in both countries. Recent polling has shown repeatedly that the American public has had it with our current trade model. The recent Wall Street Journal/NBC poll found that, by a margin of 2-to-1, even GOP voters think our current trade policy is damaging to them. Democrats won congressional majorities in no small part because of the scores of freshmen elected across he country, including in GOP-leaning districts, who focused their campaigns on stopping more Bush job killing rade agreements. It is good politics – and good policy – for Democrats to create a new trade direction for our country.

Unfortunately, the Peru NAFTA expansion does not accomplish this important goal, nor will the public perceive it as anything but more of the same.
Worse, passage of the deal would give President Bush a high-profile victory, changing the message from the debacle in Iraq. It is hard to understand how a Democratic-controlled Congress would give Bush another NAFTA-style trade agreement under any circumstances, but more so the week after he announced he would veto the Democrats’ Trade Adjustment Assistance legislation, not to mention past vetoes of Democrats’ children’s health insurance and anti-war legislation.

There is a long list of trade policies on which the Democratic Congress could take initiative rather than helping President Bush expand NAFTA. We would be excited to work with you to address the imported food safety crisis, fix our disastrous China trade situation, halt the continuing importation of sweat shopmade goods, expand Buy America and anti-offshoring policy, and close the tax loopholes that promote offshoring. Such policies would be a foundation for a new direction on trade which could be built upon when a new president arrives in 2009. The first step towards this new direction is opposing more of the same. Please vote no on H.R. 3688, the Peru Free Trade Agreement.

Sincerely,
Lori Wallach
Director, Public Citizen’s Global Trade Watch
http://www.citizenstrade.org

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