Sherrod Brown said "President Bush is asking this Congress to pass the Central American Free Trade Agreement, a dysfunctional cousin of the North American Free Trade Agreement, in spite of the fact that our trade policy has failed. Twelve years ago, the U.S. had a $38 billion trade deficit. After NAFTA, China and a host of other trade agreements, our trade deficit is now $618 billion. {time} 2100 Mr. Speaker, someone defined insanity as if you do the same thing over and over and over again, you expect a different outcome. It is clear our trade policy has failed. The Central American Free Trade Agreement, an extension of NAFTA, will continue the failed trade policy. We should pass trade agreements that lift up standards around the world, create jobs, both in the developing world and in the United States and change the direction of our trade policy. ___________________

On the recordMay 25, 2005

President Bush is asking this Congress to pass the Central American Free Trade Agreement, a dysfunctional cousin of the North American Free Trade Agreement, in spite of the fact that our trade policy has failed. Twelve years ago, the U.S. had a $38 billion trade deficit. After NAFTA, China and a host of other trade agreements, our trade deficit is now $618 billion. {time} 2100 Mr. Speaker, someone defined insanity as if you do the same thing over and over and over again, you expect a different outcome. It is clear our trade policy has failed. The Central American Free Trade Agreement, an extension of NAFTA, will continue the failed trade policy. We should pass trade agreements that lift up standards around the world, create jobs, both in the developing world and in the United States and change the direction of our trade policy. ____________________

Said by

Sherrod Brown

Democratic · Ohio

Source

govinfo.gov

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