Please check the fine print when creating trade deals
Quick gains with a long of big losses does not make sense in most cases when you are talking about the success of any business.
It's this short sighted planning that has put our country in the economic peril we face now. Our government has done a poor job looking down the road, and an even poorer job of setting up successive leadership to follow and thrive. This should not be the case at all. It's something I likely have taken for granted as a business owner that makes these decisions on a regular basis, that our elected representation would have the common sense to make decisions that would enable growth in our economy, jobs and median income for all.
It's obviously not the case. Here is a refresher on what has recently been in the news, and what I've been outspoken on in regards to the shortsightedness of the poor deals. I'd like to refrain from name calling, but it is hard not to question if there is complete lack of logic, lack of transparency, lack of principled actions in the nest interest of the people or a combination of all.
DEFINITION of 'Free Trade' The unrestricted purchase and sale of goods and services between countries without the imposition of constraints such as tariffs, duties and quotas.
Definition of FAIR TRADE. 1 : trade in conformity with a fair-trade agreement. 2 : a movement whose goal is to help producers in developing countries to get a fair price for their products so as to reduce poverty, provide for the ethical treatment of workers and farmers, and promote environmentally sustainable practices.
Fast track is defined as some course that is leading somewhere quickly, either literally or figuratively.
Fast Track authority to railroad into place job-killing trade agreements like the Trans-Pacific Partnership (TPP)
This benefits the Multi-National Corporations. Not the little guy, not the small business owners nor the American Manufacturing section of our Country. I believe a simple look at the historical results of trade deals along this line have proven to weaken our dollar, send jobs overseas and weaken our nation as a whole. It's the responsibility of Congress to set Trade Policy, not the Executive branch, corporations or special interest groups.
Article One, Section 8 of the Constitution assigns Congress the exclusive responsibility to set the terms of “commerce with foreign nations” — trade. The Founders established this clear check and balance to prevent the president from unilaterally negotiating deals that reward his supporters while harming opponents or the nation as a whole.