Reply #12: I wish they'd pass the jobs bill, but the trade agreements are a good deal

[bhikkhu]

US exports have been doing well under the administrations monetary policy, and these should actually do what it is hoped they will do, and support the economy and jobs here.

The prediction of 159k jobs lost is based on "history" - which is to say its based on the effects of unfavorable monetary policy combined with trade. Currently the situation is much better, and the policies are good. Good policies bring good results.

"US Exports Rise to Record" - http://www.nytimes.com/2011/09/09/business/economy/us-exports-rise-to-record-as-trade-deficit-shrinks.html

"US Trade Gap Shrinks as Exports Surge" - http://www.bangkokpost.com/breakingnews/210728/us-trade-gap-shrinks-as-exports-surge

"Manufacturing Sector Shows Continued Growth" - http://www.wbez.org/story/illinois-department-employment-security/manufacturing-sector-shows-shows-continued-growth