Any alleged benefits from the Korea-U.S. free trade agreement (KORUS), which was signed into law last week by President Barack Obama will certainly come at a high cost. In addition to the 159,000 lost American jobs predicted by economists, the Congressional Budget Office (CBO) estimates the trade agreement will cost the United States approximately $7
Read moreAmerican Jobs Act: Majority Leader Harry Reid will bring the American Jobs Act for vote on Tuesday evening October 11th. Let your representatives in Washington know where you stand on this critical issue – contact them at 1-888-659-9401 or send them a message by clicking here and here. Additionally, join the Machinists, unemployed workers and
Read moreOn the eve of voting on trade deals that will send even more North American jobs overseas, the Washington Post reports that “for the first time, lawmakers, businesses and even White House officials are courting consumers from cash-rich countries such as China, India and Brazil to fill the nation’s shopping malls and pick up the
Read moreCongress is set to vote October 4 on three seriously-flawed free trade agreements (FTAs) with South Korea, Colombia and Panama. Should the pending FTAs negotiated by the Bush administration pass, more than 159,000 middle-class jobs will be shipped overseas. With our country suffering from persistent high unemployment, we cannot afford more NAFTA-style trade agreements that
Read moreIn 1994, Congress introduced the North American Free Trade Agreement (NAFTA) as the solution for jobs expansion and prosperity for the American people. Seventeen years later, NAFTA has yet to live up to its promise. Costing Americans 682,900 in lost or displaced jobs, the trade deficit with Mexico stands at a mind-boggling $97.2 billion. As
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