things look bad.
This press release just came out from the office of Sen. Sherrod Brown (D-OH), one of the leading fair traders in Congress and the author of the book “The Myths of Free Trade”:
“Yesterday’s announcement by Chairman Rangel, Chairman Levin, Chairman Baucus and Ambassador Schwab is the result of millions of voters speaking out in November against a fundamentally-flawed trade policy. It is the result of the largest ever bipartisan coalition formed against the NAFTA-model trade pact. It is the result of tireless efforts by fair trade advocates in the U.S. and across the globe fighting every day for a new direction in trade. The proposed changes recognize the inherent flaws in the current approach to trade and signal some willingness to address long- held concerns over labor and environmental standards. However, I have significant concerns about the enforceability of the changes. Given the administration’s failure to act against on known violations in Jordan and China, among other nations, those concerns are well founded. Time will tell whether yesterday is the beginning of efforts toward a better trade model or just a brief tactical retreat on the part of the administration. I look forward to reviewing the changes in these agreements in their entirety, and working with my colleagues on a trade policy that is acceptable to the millions of voters who sent us to Congress.”
Still no word on the full details of the trade deal.
For more see
http://davidsirota.com/
I don't know about you, but I did not help elect Democrats to advance Bush policies on trade.
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