From the President Jul 06
South Korea Free Trade Deal Should Get a Red Card
by admin
If legislation can be said to be in violation of soccer's offside rule then the Obama administration's plan to pass a Bush-era free trade deal with South Korea merits a whistle. Maybe even a red card.

 

Waiting until the last minutes of the G-20 meeting-- and the beginning of the extra time play in the US vs Ghana match-- to announce Obama's support of the Korea trade deal seems unsportsmanlike to say the least. The Korea pact would be the biggest since NAFTA, which like the Ghana match proved a loser for the United States, its workers and industries.

 

Press reports indicate that Obama wants this deal in place by the time he visits South Korea in November. If he gets his way, he may get a big confetti-strewn welcome in Seoul. The reaction here in the United States of America is likely to be less joyous.

 

Most Americans know that NAFTA and a host of other free trade deals have swollen the unemployment lines.

 

If our friend in the White House will do this to the American worker, what can we expect when the projected Republican resurgence occurs in the November election. For that matter, what is Barack Obama thinking? Does he expect to get bipartisan support in the next election? Fat chance.

Deficit reduction over job creation, unemployment benefits and increased stimulus seems like a program from the Bush-Cheney-McCain workshop. There is nothing for working people there, economically or politically.

Let’s press our Congressional allies to defeat this raw deal with Korea that will result in more pain in the US.

 

 

 


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