On Friday the Democrats in the House gave President Obama a resounding and well-deserved slap-down on the Fast Track authorization for the TPP. Politico has reported that in order to get the authorization approved in the House, at least 80 Democrats would have to change their vote.
This is good. All Democrats need to recognize that there has never been an international trade agreement that has been good for American workers. Never! Period. And this one won’t be any different unless Democrats stand united against the bill’s passage. All you need to do to understand that the bill would not be good for American workers is to look at who—besides President Obama—is supporting it: The U.S. Chamber of Commerce, The Business Roundtable and large multi-national corporations. Now there’s a real labor friendly group for you.
There has never been an international trade agreement that has been good for American workers. Never!
If TPP is such a good deal for labor and American workers, if it truly is not supposed to cost any American jobs, why is it then that there’s already a provision included in the bill to provide assistance (money) for re-training workers who lose their jobs? Good question. The President has been vague on this point, just as he has on so many other issues concerning the TPP and Fast track authorization. In the vote on Friday, minority leader Nancy Pelosi broke away from the President on the Fast Track authority. Good for her! President Obama is simply wrong on this, and everything possible needs to be done to see that the Fast Track authority is not approved and the TPP is not finally adopted.
Hillary Clinton is staging a big roll-out event today (Saturday) for her campaign on Roosevelt Island in New York. The best thing she could do to really get Democrats fired-up and galvanize support for her candidacy, across a broad spectrum of Democrat and Liberal voters, would be to come out and announce herself as strongly opposed to the President and his support for the TPP.
The Money Trader