Marcy Kaptur: “Let me ask Congress, where are you? America's trade policy is operating as if we were still in the last century instead…”

“Let me ask Congress, where are you? America's trade policy is operating as if we were still in the last century instead of the 21st. Time and again, this Congress keeps failing to grasp reality and learn from past failures. Instead, Congress keeps doing more of the same failed approach. Now, this administration has pledged to soon submit another so-called free trade agreement, this time with Korea. There are even some in Congress who are demanding the President attach no-win agreements to Panama and Colombia at the same time. All of these agreements fail to put America in a position to win economically by creating jobs here in our country. {time} 1040 I want to remind my colleagues that these agreements are nothing more than expansions of the same failed trade policies established by NAFTA. Think about China too. Ever since those two agreements were signed, we have never had a single balanced trade agreement with those countries. These same approaches racked up another half-trillion-dollar trade deficit last year alone and all the lost jobs across our country that were outsourced as a result. I can assure you that our trade deficits are not getting any better as a result. Year after year, the numbers tell the same story: More job loss resulting from unbalanced trade agreements. America needs reciprocity and balance and equal access to foreign markets, not surrender.…”