Hillarys Trade Flip-Flop Shows How Dumb She Thinks We Are

8 Oct 2015 | Author: | No comments yet »

Hillary Clinton announces opposition to Obama’s Trans-Pacific Partnership trade deal.

Hillary Clinton has broken ranks with Barack Obama and criticised the proposed Trans-Pacific Partnership trade agreement, saying it will not do enough to create American jobs or “advance our national security”.Although all of its details have yet to be released, there is plenty wrong with the Trans-Pacific Partnership, the 12-nation agreement that President Barack Obama’s administration has reached after five years of negotiation.Clinton, who regularly promoted White House efforts to complete a huge trade accord with Pacific Rim countries while she was US secretary of state, has publicly stated her opposition to the deal. The antidote is that it has to be approved by Congress, which is hard to imagine given the issues with the pact and many lawmakers’ disposition to balk at almost anything Mr.

In response, Mr Robb suggested her remarks were influenced by her intense 2016 presidential campaign battle, which is seeing her break from President Barack Obama. It is seen in the US as a counter-part to the Transatlantic Trade and Investment Partnership trade deal (TTIP), currently being negotiated with the European Union. “I have said from the very beginning that we had to have a trade agreement that would create good American jobs, raise wages and advance our national security and I still believe that is the high bar we have to meet. But it also puts a major roadblock before a potential Biden candidacy by leaving the vice president the only supporter among Democrats of a highly controversial measure. “I think it puts Biden in a real bind,” said Democratic political strategist Peter Fenn, noting that Biden has been tasked by the president with the job of selling the 12-country trade deal to a deeply divided Congress.

Americans are fed up with trade pacts such as the TPP that are supposed to improve the nation’s position in world trade but end up exporting U.S. jobs to countries with lower wages, lax child labor laws and low pollution standards — all of which leave many American workers unemployed or underpaid. But Clinton, frontrunner for the Democratic presidential nomination, said on Wednesday that given what she knows about the deal, it falls short of her “high bar” for creating American jobs, raising wages and advancing US national security.

Ms Clinton has previously praised the TPP deal, saying in 2012 that it set “the gold standard in trade agreements to open free, transparent, fair trade, the kind of environment that has the rule of law and a level playing field”. Announcing a presidential campaign in the middle of this debate would make him an instant target, yet he also doesn’t have the time to wait and let the issue blow over before jumping into the race. Fellow Democratic candidate Martin O’Malley, who also opposes the pact, quickly mocked Clinton for her position, given her past support for a trans-Pacific deal. “I applaud her for taking this step and choosing to embrace workers’ values,” said Richard Trumka, president of the AFL-CIO. “Her decision is a critical turning point, and will be invaluable in our effort to defeat TPP.” As first lady, she trumpeted the North American deal brokered by her husband, telling unionized garment workers in 1996 that the agreement was “proving its worth.” Her support for trade pacts began softening during her time as a New York senator, when she voted for agreements with Chile, Singapore, Oman and Morocco but opposed the Central American Free Trade Agreement.

Last week she called for the creation of a no-fly zone in Syria, something the White House has resisted, and in August she expressed opposition to Obama’s decision to allow drilling in the Arctic Ocean. There have also been claims it could lead to the privatisation of the NHS, the watering down of strict EU standards on food safety and the environment, and allow companies to sue democratically elected governments if they pass policies which hit their profits. Tax reform is often put forward in Congress as a remedy for the problem, but the real, long-term solution lies in stronger wages, particularly in manufacturing, a sector that has been hard-hit by the job-exporting practices of some U.S. companies, encouraged by “free” trade pacts. One major issue with the Pacific deal (which covers Australia, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, Brunei and the United States) is the Investor State Dispute Settlement provision, which critics say will give multinational corporations huge advantages over workers in dealing with trade disputes. The first step in examining the TPP will be for its full text to be made available to the public so that Americans, including Congress, can consider what its details mean for the workforce and the economy.

If the deal, on balance, threatens the economic prospects of ordinary working Americans, many of whom will be voting next year, the pact should be sharply rejected by Congress.

Our partners
Follow us
Contact us
Our contacts

About this site