On the recordDecember 6, 2001
In the first year of the Bush Presidency, we have lost 1 million manufacturing jobs. We are officially in a recession. The stock market has dropped precipitously. This body has done little for the economy, and this body has done nothing for laid-off workers. They promised us during the airline bailout bill that they would help laid-off workers. They promised us during the stimulus package and the tax cuts for the richest Americans and the largest corporations in this country that they would help laid-off workers. They did not deliver. Now, during Trade Promotion Authority, they are promising again to help laid-off workers. Mr. Speaker, our history of flawed trade agreements has led to a trade deficit with the rest of the world that has surged to a record $435 billion. The Department of Labor reported that NAFTA alone is responsible, and these are conservative estimates, for the loss of approximately 300,000 U.S. jobs. Our trade agreements go to great lengths to protect investors. Our trade agreements go to great lengths to protect property rights. But these agreements never include enforceable provisions for public health, for the environment, and for laid-off workers. Mr. Speaker, I ask for a ``no'' vote on Fast Track Trade Promotion Authority.
Source
govinfo.gov




