President Obama is so concerned about the economy, he sent three major Bush-era free trade agreements to Congress after less than 3 years!
The deals, which were originally negotiated during the Bush administration, would boost U.S. exports by $13 billion a year; both the White House and congressional Republicans have touted the three pacts as a means of creating tens of thousands of jobs without requiring additional federal spending.
Our own Senator Sherrod Brown is clear about his stance on free trade: he’s against it.
“With an exploding trade deficit that has caused massive job loss, now is not the time to pass more wrongheaded free- trade agreements,” Brown said in a statement released after the White House sent the measures to Congress on Oct. 3.
The North American Free Trade Agreement (NAFTA) is a frequent pinata for Senator Brown, as it was for candidate Obama. Sure, the preponderance of evidence supports NAFTA and makes Brown & Obama look like demagogues, but there are competing figures for any issue. Sherrod also finds it convenient to talk about China instead of out-of-control spending – and to smear every trade partner as if they were the Chinese.
While common sense suggests we should do our best to compete in the global marketplace, Sherrod Brown would rather spend more of your money on union bailouts:
“This extension of Trade Adjustment Assistance and the Health Coverage Tax Credit is long overdue,” Brown said in a statement.
Sherrod Brown rails against free markets as if the purpose of government were to smother everything else, but there’s one industry Sherrod adores: unions. Maybe D.C. union bosses have a Sherrod-Signal on the roof! Whenever union clout is threatened, they throw the switch and Sherrod swoops in – with bags of taxpayer cash.
“Competition?! Light the Sherrod-Signal, boys!”
Senator Brown acts concerned about the trade deficit with China, but his only answer to much worse federal budget deficits is to soak the rich. At the moment, Ohioans can’t do much to prevent Sherrod from fighting free-market policies while throwing our money at union bosses… but 2012 is right around the corner.