On the recordMay 14, 2015
let me respectfully disagree with my friend from Utah. Let me urge all Members to vote against what I believe to be a disastrous trade agreement, a trade agreement based on other trade agreements, which, in fact, have cost us millions of decent-paying jobs and have led to a race to the bottom. Let me just briefly give four reasons--and there are many more. But let me just focus on four objective reasons why we should defeat this fast-track legislation and why we need to develop a whole new approach to trade that benefits American workers rather than just the CEOs of large multinational corporations. Reason No. 1, this unfettered free-trade agreement with Vietnam, Malaysia, and 10 other countries follows in the footsteps of disastrous trade agreements such as NAFTA, CAFTA, Permanent Normal Trade Relations with China, and the South Korea Free Trade Agreement. Any objective look at these trade agreements will tell us that they have cost us millions of decent-paying jobs and have led us to a race to the bottom, where American workers are forced to compete against workers in low-wage countries who are making pennies an hour. Over and over again, supporters of these types of trade agreements have told us about how many jobs they would create, how beneficial it would be for the middle class and working class of this country. But over and over again, virtually everything they told us turned out to be wrong, and they are wrong again in terms of the TPP.…





