[Congressional Record Volume 147, Number 102 (Friday, July 20, 2001)]
[House]
[Pages H4368-H4369]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
FAST TRACK LEGISLATION SHOULD BE DEFEATED IN CONGRESS AGAIN THIS YEAR
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Ohio (Mr. Brown) is recognized for 5 minutes.
Mr. BROWN of Ohio. Mr. Speaker, on June 13 of this year, a bill was
introduced that would give President Bush fast track authority
essentially to extend the North American Free Trade Agreement, NAFTA,
to all of Latin America.
Supporters of fast track argue that the U.S. is being left behind.
They tell us we need fast track to increase American exports and to
create new jobs for American workers. Yet, our history of flawed trade
agreements has led to a trade deficit with the rest of the world that
has surged to $369 billion a year.
The Department of Labor recently reported a very conservative
estimate that NAFTA alone has been responsible for the loss of more
than 300,000 jobs. Other estimates have shown NAFTA job losses at
upwards of 1 million jobs.
[[Page H4369]]
While our trade agreements go to great lengths to protect investors
and to protect property rights, these agreements do not typically
include enforceable provisions to protect workers, either in the United
States or around the world. Yet, the Bush administration would employ
the same corporatecentric process that has resulted in tried agreements
like NAFTA.
In the global marketplace, labor and environmental concerns in the
developing world are never on the list of corporate priorities. CEOs of
multinational corporations tell us that allowing globalization will
stimulate development and allow nations to improve their labor and
environmental records. They say interaction with the developing world
will spread democracy.
But as we engage with developing countries in trade and investment,
democratic countries of the developing world are losing grounds to
those with more authoritarian regimes. Democratic nations such as India
are losing out to more totalitarian governments such as China.
Democratic nations such as Taiwan lose out to authoritarian regimes
such as Indonesia, where profits come before any kind of environmental
regulations or human rights.
In manufacturing goods, for example, developing democracies' share of
developing country exports fell 22 percentage points, from 57 percent
to 35 percent. Corporations relocate their manufacturing bases to
countries with more authoritarian regimes where even the most minimal
labor, environment, and human rights standards do not exist.
Western corporations want to invest in countries that have poor
environmental standards, have below-poverty wages, have no labor
rights, and no opportunities to bargain collectively. As American
investment moves abroad, American working families lose out.
Now President Bush says he will be asking for fast track authority
that puts corporate interests before working American families. Future
trade deals with a take-it-or-leave-it approach would only add to the
long line of ill-conceived trade policies.
Flawed trade policies cost American jobs, put downward pressure on
U.S. wages and U.S. working conditions, and erode the ability of
governments to protect public health and protect the environment.
In 1998, under the leadership of progressive Members of this body,
fast track was defeated in Congress overwhelmingly, 243 to 180. Fast
track should be defeated in Congress again this year. More and more
Members of Congress are joining the ranks calling for trade agreements
that respond to the social ramifications of a global economy.
We need to press for a U.S. trade policy, Mr. Speaker, that is good
for American families.
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