The Trade Promotion Authority bill is set to be voted on in the Senate this week and we must do everything possible to stop it. Trade Promotion Authority, otherwise known as “Fast Track,” limits Congress to only an up or down vote on trade deals that Obama has been negotiating secretly. One of the trade deals that he is hoping to pass before he leaves the White House is the job-killing Trans Pacific Partnership. This agreement is a 12 nation agreement with Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the U.S. Together, the countries encompass 40 percent of the global GDP.
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China has come a long way economically. In 2012, China became the world’s largest trading nation in goods. This has moved 400 million people from poverty to the middle class. Chinese students outperform U.S. students by a far stretch. Also, China is the world’s largest auto manufacturer. This is all coming from a nation that was humiliated during the Opium wars, gone through a long and painful period of dynastic decline, civil war and a backwards economy. It is evident that China has their own plan to improve their economy whereas we in the U.S. have no plan whatsoever.