Mr. Speaker, we thank you for the opportunity to gather as Democrats in this 30-minute Special Order opportunity to discuss our Nation's recent free trade agreements. And I will note that nomenclature: free trade. There are concerns about…
Mr. Speaker, we thank you for the opportunity to gather as
Democrats in this 30-minute Special Order opportunity to discuss our Nation's recent free trade agreements. And I will note that nomenclature: free trade. There are concerns about fair trade being the outcome, and we will be talking about that here in this format.
This is more important now than ever before as our United States Trade Representative Ambassador Michael Froman testified before the House and Senate today. The Trans-Pacific Partnership negotiations are being held as we speak this week in New York City. And some Members of Congress have suggested a trade promotion authority bill, better referenced as a ``fast track,'' that may be introduced in the near future, a fast track that would deny the checks and balances of Congress, one that would not allow us to actively overview the impact of these negotiated settlements, these contracts, and would require a simple thumbs up-thumbs down vote without, again, that interactive quality that serves that responsibility to the Members of Congress.
But before we give away Congress' ability to conduct proper oversight and review these trade agreements that are currently being negotiated, including the Trans-Pacific Partnership, we need to discuss how free trade agreements from the past two decades have not delivered on their promises.
These trade deals will have far-reaching impacts on American life. They could include impacts on food safety or perhaps affordable medicine or perhaps regulations with the banking industry, the financial industry.
Let's not be reckless and allow these deals to move forward without thorough and proper consideration by Congress. Frankly, these deals have not lived up to the hype. President Obama indicated as much in his recent State of the Union message: ``I'm the first one to admit that past trade deals haven't always lived up to the hype.''
So whether it was NAFTA--the North America Free Trade Agreement--or the Korean Free Trade Agreement, supporters of our past FTAs have promised these deals would create a good outcome, create United States jobs, create a lesser trade deficit, and improve global labor and global environmental standards.
Tragically, sadly, this has not been the outcome.
TPP supporters have said this one will be different. The Trans- Pacific Partnership, which could cover a great majority of the international economy, has its supporters saying that this will be a 21st century agreement, far different from those that have preceded it.
Leaked information from the TPP negotiators shows that it is being modeled by the negotiations, themselves, not by the negotiators, showing that it has been modeled on trade policies that have proven to offshore good-paying jobs in our economy and to force wages down for America's working families. That is why respected economists, including many who have previously supported free trade, such as Jeffrey Sachs, as well as Nobel Prize winners Joseph Stiglitz and Paul Krugman, have expressed skepticism about the Trans-Pacific Partnership negotiation. They are coming to realize what many of our constituents have long known: these trade agreements do not respond favorably to the American middle class.
Sachs' speech at a trade forum on Capitol Hill included comments that indicated:
I don't think TPP and TTIP rise close to the standard of
being 21st century trade and investment agreements, not even
close. They are very much 20th century agreements which were
already out of date by the time they were negotiated. This is
a NAFTA treaty writ large or these are the same negotiations
that we have had in many other cases.
In the New York Times, Mr. Krugman indicated:
I am, in general, a free trader, but I will be undismayed
and even a bit relieved if the TPP just fades away. The first
thing you need to know about trade deals in general is that
they aren't what they used to be. The glory days of trade
negotiations and the days of deals like the Kennedy Round of
the 1960s, which sharply reduced tariffs around the world,
are long behind us.
Then Mr. Stiglitz, in the New York Times, is quoted as saying:
Based on the leaks--and the history of arrangements in past
trade pacts--it is easy to infer the shape of the whole TPP,
and it doesn't look good. There is a real risk that it will
benefit the wealthiest sliver of the American and global
elite at the expense of everyone else.
Tonight, I hope we can have a thoughtful discussion about jobs, about wages, about environmental standards that could be impacted, about child labor laws that could, perhaps, be thrust upon us that have been promised for every FTA in the past two decades. Sadly, our constituents are looking for that sort of progressive outcome that has not been realized, and, certainly, our workers have been impacted. I represent a district that is tremendously impacted by these trade negotiations.
So, tonight, it is a pleasure to work with my colleagues in order to get out the message about the broken promises of our trade agreements.
I see my good friend and colleague who has been a very passionate voice on speaking out about these issues. He is Tim Ryan, our Representative from Ohio's 13th District. Let me yield to Mr. Ryan so he can share some thoughts with us.
Welcome.
Thank you, Representative Ryan, for bringing it right down to the basic, core ingredient, and that is the dignity of work for American families. You speak it so well for those you represent in Ohio.
This is about broken promises. It is about promises for jobs, promises for worker opportunity, promises for environmental standards, promises for labor standards. We need to let the American public know exactly what is happening. If you are a believer in fair trade--not necessarily in free trade. If you believe in fair trade and if you don't think of fast track, which is when we circumvent the authorities and responsibilities of Congress, then let your voice in Congress know that. Let everyone know what you are thinking, because these are critical moments.
Mr. Speaker, I yield to a good friend and colleague who is a very outspoken voice for social and economic justice, who has spoken to the unfairness of these negotiated arrangements for trade, and who has led us as a Democratic Caucus in this House to speak out forcefully about the fast-track process and about fair trade versus free trade. She is none other than my good friend and colleague from the Third District of the State of Connecticut, Rosa DeLauro.
Thank you, Representative DeLauro. You strike a very encouraging cord at the end of your comments.
The American public needs to be engaged, if you believe that Congress should have overview responsibility, a checks and balances agenda, because these agreements need to be front and center about the well- being of American workers, and so call into this process, reach into this process, and share your opinion with those who speak for you in the House.
Is a fast track a thing you want to see--without the information exchange--or do you want Congress to review these contracts and understand what impact there will be on the American economy, on American jobs, on standards for the environment, for public safety, for child labor laws, a number of things?
We appreciate your comments.
Very well stated. Every bit of American style is about tethering the American Dream. The people come here to have the right to the dignity of work and to pursue that American Dream.
One of our newest faces in Congress in his second term, I believe, has been an outspoken voice for the American Dream. I yield to the Representative from Wisconsin's Second District to share his thoughts about the process here for fast track and free versus fair trade.
Thank you, Representative Pocan. I again urge the general public out there to engage in this process. Let your Representative know if you believe we should have overview authority and that we should have the chance to know what is in these negotiated agreements.
This affects our American economy, the American Dream. It is about jobs. It is about wages. It is about critical labor standards. It is about critical environmental standards. We can make it happen. We can work on trade issues and have fair trade out there that will grow our economy and grow the American Dream for America's working families.
With that, Mr. Speaker, I yield back the balance of my time.