00:00:00.589 in screwed news fast-track trade 00:00:03.59000:00:03.600 Authority on the trans-pacific 00:00:04.67000:00:04.680 partnership or TPP is moving forward on 00:00:07.90900:00:07.919 Thursday US lawmakers reached an 00:00:09.91900:00:09.929 agreement on legislation that would give 00:00:11.41900:00:11.429 President Obama fast-track trade 00:00:13.12900:00:13.139 Authority to negotiate future trade 00:00:15.11000:00:15.120 deals including the highly controversial 00:00:17.24000:00:17.250 TPP deal the TPP or southern hemisphere 00:00:20.92900:00:20.939 Asian free trade agreement shafte is 00:00:23.33000:00:23.340 being negotiated among the u.s. and 00:00:25.73000:00:25.740 eleven other Pacific nations and like so 00:00:28.64000:00:28.650 many other free so called free trade 00:00:30.25900:00:30.269 deals which ship American jobs overseas 00:00:32.06000:00:32.070 do untold damage to our economy and give 00:00:34.88000:00:34.890 corporations even more power than voters 00:00:37.40000:00:37.410 yet lawmakers are making it easier and 00:00:39.68000:00:39.690 easier for the TPP to become a reality 00:00:41.86900:00:41.879 speaking of the deal about the deal 00:00:43.94000:00:43.950 reached on Thursday Republican senator 00:00:45.79900:00:45.809 Orrin Hatch said that this is a smart 00:00:48.20000:00:48.210 bipartisan compromise that will help 00:00:50.09000:00:50.100 move America forward so is the senator 00:00:53.47900:00:53.489 right is this a smite smart bipartisan 00:00:56.02900:00:56.039 compromise that will help America or 00:00:58.18900:00:58.199 another raw deal for our country and 00:01:00.59000:01:00.600 economy let's ask Kevin currents 00:01:02.77900:01:02.789 president the United States business and 00:01:04.39900:01:04.409 industry council and the United States 00:01:06.05000:01:06.060 business and industry Council Education 00:01:08.06000:01:08.070 Foundation Kevin welcome thank you Tom 00:01:10.19000:01:10.200 good to be here with you hate to have 00:01:11.53900:01:11.549 your voice a very important subject I 00:01:13.49000:01:13.500 agree I agree and you know one of the 00:01:15.14000:01:15.150 things that I think is is interesting 00:01:16.94000:01:16.950 about this I'm a progressive you're a 00:01:18.64900:01:18.659 conservative the the progressive hit on 00:01:21.59000:01:21.600 TPP principally is that it drives down 00:01:24.83000:01:24.840 wages it hurts workers Americans workers 00:01:26.71900:01:26.729 we you know what NAFTA was supposed to 00:01:29.51000:01:29.520 produce hundreds of thousands of jobs we 00:01:31.73000:01:31.740 lost 3.7 million the South Korea free 00:01:34.28000:01:34.290 trade deal is supposed to produce jobs 00:01:35.74900:01:35.759 you've lost millions right what's the 00:01:37.39900:01:37.409 conservative hit on what I call shaft on 00:01:40.21900:01:40.229 the TPP well they're they're about four 00:01:42.85900:01:42.869 different levels one just that it's an 00:01:44.81000:01:44.820 unconstitutional delegation of authority 00:01:46.49000:01:46.500 to the executive now and that you're 00:01:49.34000:01:49.350 talking about fast-track not TPP right 00:01:51.35000:01:51.360 yes okay okay well I agree with you on 00:01:54.35000:01:54.360 fast-track to I knew the it's okay well 00:01:57.45900:01:57.469 no that's okay if you if you want to 00:02:00.35000:02:00.360 talking about the TPP itself twelve 00:02:02.63000:02:02.640 nations are involved including us 00:02:04.75000:02:04.760 we are being stampeded or the Congress 00:02:07.51000:02:07.520 is saying oh my gosh it's 40% of the 00:02:09.46000:02:09.470 world economy we have to get in there 00:02:10.99000:02:11.000 well the US and the countries that it 00:02:13.33000:02:13.340 already has free trade agreements with 00:02:15.01000:02:15.020 out of the 12 account for 80 percent of 00:02:18.79000:02:18.800 the 40 percent hmm 00:02:20.77000:02:20.780 so you know this is this is a ruse I 00:02:23.26000:02:23.270 mean it's yes it's a fact but four of 00:02:26.47000:02:26.480 the the other four of the other so we 00:02:28.57000:02:28.580 don't have trade agreements with New 00:02:30.49000:02:30.500 Zealand Oh 00:02:32.14000:02:32.150 sorry Vietnam Malaysia Brunei they have 00:02:34.87000:02:34.880 a total GDP of less than one trillion 00:02:37.63000:02:37.640 dollars so if you think we're gonna save 00:02:40.45000:02:40.460 America's bacon by going into these tiny 00:02:43.27000:02:43.280 markets no it's not going to happen and 00:02:46.24000:02:46.250 the other outlier is Japan which hasn't 00:02:49.69000:02:49.700 opened its markets since 1945 I mean we 00:02:53.17000:02:53.180 occupied them we rewrote the 00:02:54.76000:02:54.770 Constitution I served there for two 00:02:57.22000:02:57.230 years in the Foreign Service in the 00:02:59.29000:02:59.300 mid-80s they haven't opened their 00:03:01.66000:03:01.670 markets you know unless they've hit that 00:03:04.39000:03:04.400 we've hit them with a sledgehammer even 00:03:05.92000:03:05.930 then only a tiny bit so let's not fall 00:03:09.19000:03:09.200 for these Bruce's these phony statistics 00:03:13.30000:03:13.310 that try to Stampede us into this 00:03:15.79000:03:15.800 agreement I would think the other 00:03:16.96000:03:16.970 conservative hit on these free trade 00:03:19.15000:03:19.160 deals you know certainly I get the one 00:03:21.37000:03:21.380 on fast-track I mean I I'm totally with 00:03:24.25000:03:24.260 you it's unconstitutional Constitution 00:03:26.14000:03:26.150 says in fact I think the that TPP all 00:03:29.08000:03:29.090 these things I think they're all 00:03:29.94900:03:29.959 treaties and these they perfectly fit 00:03:32.53000:03:32.540 the definition of trees that goes all 00:03:34.18000:03:34.190 the way back to 1787 right and according 00:03:37.66000:03:37.670 to Constitution and treaty requires 00:03:38.71000:03:38.720 two-thirds of a Senate and why they're 00:03:41.14000:03:41.150 not doing it like this I don't 00:03:42.43000:03:42.440 understand but it seems that the other 00:03:44.44000:03:44.450 conservative argument against this 00:03:45.88000:03:45.890 against these trade deals was would be 00:03:47.92000:03:47.930 not only is it a loss of sovereignty but 00:03:50.80000:03:50.810 it's turning sovereignty over to an 00:03:52.87000:03:52.880 unelected body that is supranatural 00:03:56.14000:03:56.150 net national it's basically we're 00:03:58.22900:03:58.239 handing over to global international 00:04:01.17000:04:01.180 corporations that are soulless and in 00:04:04.21000:04:04.220 many cases stateless 00:04:05.47000:04:05.480 I mean GE does more than half their 00:04:06.94000:04:06.950 business outside the United States is 00:04:08.14000:04:08.150 this an American corporation we're 00:04:10.47900:04:10.489 handing over to them the keys to the car 00:04:12.64000:04:12.650 they they get to run the show they're 00:04:14.25900:04:14.269 they're setting up these rules 00:04:16.62900:04:16.639 I agree with all that but I think that 00:04:18.39900:04:18.409 we share sort of a more basic approach 00:04:21.27900:04:21.289 and that is the average American family 00:04:23.86000:04:23.870 the middle-class family we can't have a 00:04:26.08000:04:26.090 functioning democracy if we don't have a 00:04:28.74900:04:28.759 vibrant middle class and these trade 00:04:31.11900:04:31.129 deals they take jobs away from people 00:04:33.39900:04:33.409 good-paying jobs where you can support a 00:04:35.40900:04:35.419 family 00:04:35.86000:04:35.870 they unemployed people right they 00:04:38.32000:04:38.330 displace them with all these exports 00:04:40.17900:04:40.189 rushing in and then we turn tax revenue 00:04:45.24900:04:45.259 as it were revenue producers in these 00:04:47.40900:04:47.419 people who are paying their taxes and 00:04:49.20900:04:49.219 leading good middle-class lives into tax 00:04:51.55000:04:51.560 consumers so they have to go on 00:04:54.02900:04:54.039 unemployment or disability and what's 00:04:56.32000:04:56.330 all it's in your business model I mean 00:04:57.73000:04:57.740 wal-mart and McDonald's that Ryan aired 00:04:59.61900:04:59.629 this thing pay people low enough that 00:05:01.33000:05:01.340 they'll be subsidized by the photo so 00:05:03.33900:05:03.349 the corporation's throw the middle class 00:05:05.11000:05:05.120 people out of work you know and put them 00:05:07.20900:05:07.219 on the government tab so so I just say 00:05:11.82900:05:11.839 this we call this model is called firing 00:05:14.46900:05:14.479 your best customers Oh interesting the 00:05:18.39900:05:18.409 American public right the American 00:05:20.11000:05:20.120 middle class is being fired yeah yeah 00:05:22.39000:05:22.400 absolutely and economies as Adam Smith 00:05:24.73000:05:24.740 told us in 1776 and wealth of nations 00:05:26.82900:05:26.839 economies are driven by demand you know 00:05:29.20000:05:29.210 and if your if your workers are not paid 00:05:31.36000:05:31.370 enough that they can buy things that 00:05:33.18900:05:33.199 they can keep up there's demand dries up 00:05:35.43900:05:35.449 the way the stimulus didn't work as 00:05:37.86900:05:37.879 advertised because we hemorrhaged all 00:05:40.05900:05:40.069 this money buying foreign products right 00:05:42.55000:05:42.560 when when consumers got a little bit of 00:05:44.61900:05:44.629 money in their in their pockets and and 00:05:46.99000:05:47.000 we recovered somewhat although very 00:05:48.96900:05:48.979 tepidly 00:05:49.60000:05:49.610 from the Great Recession the money just 00:05:51.93900:05:51.949 flowed overseas it stimulated the 00:05:53.76900:05:53.779 Chinese and Jack whereas whereas prior 00:05:55.89900:05:55.909 to the 80s when we really kind of 00:05:57.87900:05:57.889 started the permanent normal trade 00:05:59.11000:05:59.120 relations mania stuff prior to the 1980s 00:06:02.29000:06:02.300 if if you've spent a billion dollars on 00:06:04.92900:06:04.939 stimulus that billion dollars would 00:06:06.49000:06:06.500 continuously circulate in the economy 00:06:08.23000:06:08.240 ferrand and create three or four billion 00:06:10.08900:06:10.099 dollars right of economic activity 00:06:11.55900:06:11.569 because you know the gum buddies the 00:06:13.83900:06:13.849 money the store the store on you and it 00:06:15.61000:06:15.620 ends up at the factory and but now that 00:06:17.74000:06:17.750 the factories are all in China you're 00:06:19.86900:06:19.879 right it just it's just going overseas 00:06:21.30900:06:21.319 we have about a minute left Kevin Tom 00:06:23.90900:06:23.919 Carnes yes 00:06:25.74900:06:25.759 currents did I say your name wrong which 00:06:27.07000:06:27.080 okay introduced John 00:06:28.72000:06:28.730 the answer to lots of things in in this 00:06:32.95000:06:32.960 minute we have left where are we at 00:06:34.33000:06:34.340 legislatively who's gonna do you see any 00:06:36.37000:06:36.380 champions to stop well I think the ass 00:06:38.50000:06:38.510 track on the Republican side anyway 00:06:40.24000:06:40.250 yeah the Democrats in the house they 00:06:43.45000:06:43.460 have their act together on this they're 00:06:45.16000:06:45.170 opposed so so maybe they're 188 00:06:47.47000:06:47.480 Democrats maybe there are 10 12 15 and 00:06:51.19000:06:51.200 most defectors that means it's up to a 00:06:53.38000:06:53.390 block of Republicans in the house 60 00:06:56.74000:06:56.750 roughly 60 members we probably have 30 00:06:59.50000:06:59.510 to 40 of them solidly against the 00:07:02.35000:07:02.360 fast-track and the TPP so your listeners 00:07:05.89000:07:05.900 anyone who cares has to vector in on 00:07:09.01000:07:09.020 Republicans in the House to stop this 00:07:11.44000:07:11.450 deal if enough of them are either 00:07:13.50000:07:13.510 declared against or undeclared then the 00:07:16.84000:07:16.850 house leadership you know Boehner etc 00:07:19.81000:07:19.820 will not bring the bill to the floor so 00:07:22.03000:07:22.040 there you go take it from a conservative 00:07:24.16000:07:24.170 and liberal call your Republican member 00:07:26.95000:07:26.960 of Congress and tell them no to Shaftoe 00:07:29.38000:07:29.390 TPP and especially to fast-track exactly 00:07:31.99000:07:32.000 Kevin thanks thank you so much
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