Sanders Vows To Kill TPP If Elected
http://www.commondreams.org/views/2016/02/04/sanders-vows-kill-tpp-if-elected-will-clinton
Saying that TPP follows in the footsteps of failed trade agreements like NAFTA, CAFTA, and Permanent Normal Trade Relations (PNTR) with China, Sanders promised to fundamentally rewrite our trade policies to benefit working families, not just the CEOs of large, multinational corporations.
He said that supporters of these agreements have sold them as creating jobs, but over and over again, they have been proven dead wrong.
President Bill Clinton sold NAFTA in 1993, saying it would create a million American jobs over a five-year period. Instead, NAFTA led to the loss of close to 700,000 jobs.
The conservative Cato Institute said that the trade deal with China would create far more export opportunities for America than the Chinese. Instead, the trade deal with China has led to the loss of 3.2 million jobs, and enormous, humongous and continuing trade deficits with that country.
Since 2001, nearly 60,000 manufacturing plants in this country have been shut down and we have lost over 4.7 million manufacturing jobs. If the workers find new jobs at all, they are usually lower-paying.