the proposed Bush NAFTA expansion to Peru provides no path to job growth in the United States or to correcting the growing U.S. trade deficit with Peru. The Bush proposal will yield the same result: more outsourced U.S. jobs, growing trade deficits, more landless Peruvian farmers, rising coca production, more illegal immigration, continued decline in the quality of life on both continents, and enrichment for a narrow band of political and multinational elites. The proposed Peru agreement keeps intact some of the most offensive NAFTA-CAFTA provisions, such as prohibiting Congress from passing legislation to promote ``buy American'' or to prevent the offshoring of more of our jobs. We keep asking ourselves: If you keep getting the same bad result, why keep enacting more of the same kinds of laws? The agreement even amplifies the CAFTA provisions regarding foreign investors being able to procure government contracts and settle disputes outside of U.S. courts. I find it unacceptable that the agreement handcuffs this Congress as it attempts to protect the interests of the people who send us to represent them. That's supposed to be our job. On a number of fronts, the Peru Free Trade Agreement stands to cause more harm than good. Take worker rights.…
Marcy Kaptur: “the proposed Bush NAFTA expansion to Peru provides no path to job growth in the United States or to correcting the…”
Editor's note · Context
Addressing concerns about the proposed Peru Free Trade Agreement during a floor speech.
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