[Congressional Record Volume 156, Number 38 (Tuesday, March 16, 2010)]
[House]
[Pages H1490-H1491]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CREATING AMERICAN JOBS THROUGH TRADE
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Louisiana (Mr. Boustany) is recognized for 5 minutes.
Mr. BOUSTANY. Mr. Speaker, tomorrow Ambassador Kirk will meet behind
closed doors with the House Ways and Means Committee. While I
appreciate the meeting, why do congressional Democrats refuse to talk
in the open about creating jobs through international trade? I am
encouraged by the administration's newfound openness to promoting
American goods and services overseas, but the current situation is
bleak. Nearly one in 10 Americans who want work cannot find a job.
The recent economic downturn erased the certainty many families came
to rely on, and now they turn to Washington for solutions.
Unfortunately, a health care overhaul with new mandates, energy taxes
that will drive up input costs, and a massive Tax Code full of quirks
and loopholes add to their doubts. To truly grow American jobs,
entrepreneurs and businesses need new markets where they can compete to
sell their products. We must restore American competitiveness to create
new jobs and a prosperous future.
With 95 percent of the world's consumers living outside the United
States, our ability to compete fairly and successfully in these markets
is vital to our long-term economic growth and security. As the
President said last week, ``We need to compete for those customers
because other nations are competing for them.''
Today almost one in five U.S. jobs is supported by international
trade. I welcome President Obama's lofty goal of doubling U.S. exports
in the next 5 years through his National Export Initiative, and I look
forward to discussing his plans with Ambassador Kirk.
As our economy continues to struggle, it is evident Americans will
not be able to consume their way out of this recession, so we must
focus on getting our products and services to emerging markets around
the world. American ingenuity, creativity, and innovation can spur new
jobs and new factories all right here at home.
According to the Obama administration, increasing trade by merely 1
percent would create 250,000 jobs, a significant start to helping
Americans find work. Passing the Colombia, Panama, and South Korea Free
Trade Agreements would accomplish just that, increasing our trade
exports by 1 percent and creating an estimated 250,000 Americans jobs.
These free trade agreements put American workers on a fair footing with
workers in those countries instead of alienating our global trading
partners through narrow-minded policies such as Buy American.
Now American-produced goods face substantial tariffs in Colombia,
Panama, and South Korea, while many goods produced in those countries
have no tariff at all when sold to the U.S. The President's goal is
ambitious, so passing these three free trade agreements is an important
first step to restoring American competitiveness in global markets.
The last time the U.S. doubled its exports, it took nearly 10 years:
final implementation of the North American Free Trade Agreement, nine
bilateral free trade agreements, and the successful conclusion of the
Uruguay Round. Since 1994, Louisiana has increased its exports to NAFTA
countries by 271 percent. As a result, thousands of Louisiana workers
have job stability, but we can do much more.
Trade creates good-paying jobs for millions of Americans, and
leveling the playing field abroad increases our opportunities. Truly
supporting American workers and creating new jobs will not be
accomplished by closing our doors to the rest of the world while they
continue to strike new deals and expand their exports. Now is the time
to reach and to work with our allies
[[Page H1491]]
and major trading partners. American leadership is in jeopardy, not
because of a rising power but because of a shrinking level of American
engagement. The world will not wait for us to wake up and realize the
opportunities out there. That is why we need to act on expanding these
trade agreements.
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