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Korea Free Trade Agreement

These Charts Show Why Trump and Bernie Are Wrong to Attack Free Trade

Edwin G. Dolan | Posted 03.17.2017 | World
Edwin G. Dolan

Politicians may promise that erecting barriers to trade will bring back both factory wages and jobs of the past, but that is fantasy. Protectionism would probably benefit robots, not workers. And the three-quarters of the labor force that would remain in the service sector, many of them working for low pay, would find their standard of living further eroded by higher import prices.

How Trade Deals Boost the Top 1% and Bust the Rest

Robert Reich | Posted 04.18.2015 | Politics
Robert Reich

I've seen first-hand how effective Wall Street and big corporations are at wielding influence. Global deals like the Trans Pacific Partnership will boost the profits of Wall Street and big corporations, and make the richest 1 percent even richer. But they'll bust the rest of America.

U.S. Exports Drop Under Korea Trade Deal and Obama Said What?!

Lori Wallach | Posted 07.10.2013 | Politics
Lori Wallach

Contrary to the administration's claims of its export-expansion prowess, the steep decline in U.S. exports to Korea under the FTA contributed to an overall disappointing U.S. export performance in 2012.

Obama, Romney 'Trade Pact' Malarkey vs. Reality: The Data Is In

Lori Wallach | Posted 12.15.2012 | Politics
Lori Wallach

In an election dominated by the urgent agenda of U.S. job creation, it is a sorry statement about the domination of corporate money in American elections that both presidential candidates tout NAFTA-style "free trade" deals.

The U.S. Export and Import Bank Should Help Finance Sales of Domestic Firms That Compete with Imports

Robert E. Scott | Posted 06.04.2012 | Business
Robert E. Scott

Promoting exports while ignoring the negative impacts of imports has become an executive mantra in Washington. It's time to end that single-minded focus.

Job-Killing Trade Deals Pass Congress Amidst Record Democratic Opposition

Lori Wallach | Posted 12.13.2011 | Politics
Lori Wallach

With 9 percent unemployment and Americans desperate for job creation, it is unconscionable that President Obama and House Republicans just shoved through a trio of NAFTA-style job-killing trade agreements.

The US-Korea Free Trade Agreement: A No Win Situation for America and its Workers

Rep. John Conyers | Posted 12.12.2011 | Politics
Rep. John Conyers

The proposed Korea FTA is a bad deal for our country and America's workers. It's time to put the American worker first and stop these trade deals.

Obama Pushes Huge Free Trade Deals to Wednesday Vote

Glenn Hurowitz | Posted 12.10.2011 | Politics
Glenn Hurowitz

These trade agreements achieve a rare trifecta: it's hard to imagine a single initiative that at one time could so infuriate anti-corporate activists, labor unions, and environmentalists at the very moment these disparate movements are finding solidarity and support in the streets.

Get Money Out to Bring Jobs In

Dylan Ratigan | Posted 12.07.2011 | Politics
Dylan Ratigan

How, exactly, is this working? How is this system depriving us of what we need? It's simple -- the cash speaks, the people don't.

Obama Seeing Bipartisanship on Trade Deals... Finally

Edward J. Black | Posted 12.05.2011 | Business
Edward J. Black

Democrats and Republicans in Congress are expected to work together next week to pass the long awaited trade deals with South Korea, Colombia and Panama.

No, Obama, We Don't Need Free Trade Agreements with Panama, Colombia, and Korea

Ian Fletcher | Posted 09.14.2011 | Politics
Ian Fletcher

You think America has learned its lesson from NAFTA, which the Labor Department has estimated cost us 525,000 jobs? Think again.

More Free Trade Agreements? When NAFTA Failed?

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

With the Republicans and the Obama administration attempting to rush headlong into a new trade agreements with Korea, and possibly also with Panama and Colombia, it is incumbent on Americans to apply a bit of empiricism.

Free Trade and the Tea Party: Puppets or Rebels?

Ian Fletcher | Posted 05.25.2011 | Politics
Ian Fletcher

If Tea Partiers want to get back to the original intent of the Constitution, Article I, Section 8 of the Constitution says plain as day that Congress has the power "to regulate commerce with foreign nations."

The Obama Administration's Clueless Trade Diplomacy

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Despite the fact that every major American trade agreement since NAFTA has worsened America's trade balance, Obama actually seems to think he can improve America's export performance by going for more.

Korea-U.S. Deal Undercuts Civil Society

Stan Sorscher | Posted 05.25.2011 | World
Stan Sorscher

I am 100% in favor of policies that raise our standard of living. What I oppose are trade policies that deindustrialize America, erode the middle class and compromise long-term prosperity.

The 2011 SOTU: A Report Card (Not a Very Good Grade)

Leo Hindery, Jr. | Posted 05.25.2011 | Politics
Leo Hindery, Jr.

The sad state of our economy today and the specificity of President Obama's campaign promises across the entirety of issues justify a rigorous examination of his new promises last week.

Corporations and the State of the Union

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

The president's SOTU had good broad themes, but there were many sources of concern in the speech as well. In too many cases, there was a disconnect between those positive themes and troubling policy proposals.

UAW Gets 800 Jobs for Endorsing Obama's NAFTA-Style Korea Trade Deal, Which Will Cost 159,000 US Jobs

Jane Hamsher | Posted 05.25.2011 | Business
Jane Hamsher

By endorsing this agreement, UAW President Bob King demonstrates that the UAW has become a Chinese-style union: much closer to the interests of management and government than its line workers.

Corporate Rewards: Controlling U.S. Trade Policy

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

The Economic Policy Institute estimates that the proposed U.S.-South Korea Free Trade Agreement would cost America 159,000 jobs and enlarge its trade deficit by $16.7 billion in its first seven years.