Last thing we need is more free trade pacts
I am confused by the reporting of noted columnists in this newspaper on the concepts of free trade. Instead of the repeated articles on the Benghazi attacks and the Affordable Care Act, why don’t they write the whole truth, and not what the Republican Party wants them to? In his Jan. 6 column, Douglas Turner stated that NAFTA was signed into being when Bill Clinton became president. This is only half right.
On Dec. 17, 1992, in San Antonio, Texas, George H.W. Bush met with the Canadian prime minister and the president of Mexico to spearhead NAFTA and ceremonially signed it. Before the negotiations were finalized, Clinton came into office and there was a change in leadership in Canada. On Nov. 17, 1993, NAFTA was approved by a majority of Republicans in the House and Senate. Clinton, while signing the bill on Dec. 8, 1993, said, “NAFTA means jobs. American jobs, and good-paying American jobs. If I didn’t believe that, I wouldn’t support this agreement.”
Well, these jobs didn’t materialize. Profitable companies found ways to move our jobs overseas. On top of that, they were given tax breaks by the GOP-held house. The bill to cease giving these tax breaks is still sitting in the House, after being passed in the Senate.
Our trade agreements are not working, and if we jump into more trade agreements with foreign, communist countries, we are opening ourselves up to more job losses.