[Congressional Record Volume 161, Number 59 (Wednesday, April 22, 2015)]
[House]
[Page H2399]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PRESIDENT OBAMA'S REQUEST TO WRITE RULES FOR THE WORLD'S ECONOMY
The SPEAKER pro tempore (Mr. Allen). Under the Speaker's announced
policy of January 6, 2015, the gentleman from Oklahoma (Mr. Russell) is
recognized for 60 minutes as the designee of the majority leader.
Mr. RUSSELL. Mr. Speaker, at his State of the Union Address,
President Obama asked us in Congress to grant us fast-track Trade
Promotion Authority, so he can ``write rules for the world's economy.''
I sat alarmed for America's future should we expand this President's
authority, given how he has extended executive overreach, fumbled our
foreign policy, debilitated our defense, and diminished our domestic
tranquility. At least this time, the President asked to bypass
Congress.
Regardless of the merits of trade partnership or the tactics of their
negotiation, two fundamental questions loom: Why do we trust this
President, given his track record in foreign affairs? And what serious
harm would come to the Nation by waiting 21 months?
Trade Promotion Authority, or TPA, would prevent Congress from
amending as much as one word of the rules he writes, a sweeping
agreement the White House has been working toward for the past 6 years.
Even if parameters were set beforehand, violations would be subject to
an up-or-down vote with no amending permitted. Unlike a treaty, a
simple majority is all that would be needed to pass.
For Congress to cede oversight on such a sweeping agreement could
have grave implications. The American people must be at the table, and
they can be, through their elected representatives in Congress.
In a balanced process, the full range of congressional committees
would hold hearings with experts, establish clear objectives, set the
terms of negotiation, and be regularly informed throughout the
negotiating process.
This would ensure trade deals are in the best national interest for
the long haul, not designed to please some small groups of well-
connected insiders for some tempting short-term benefit.
While trade is vital in securing economic freedom and in
strengthening our values and friendships, we must approach any
partnership with a comprehensive view of its strategic impact.
Advocates have stated that a Trans-Pacific Partnership will open trade
involving 40 percent of global economic activity.
This is a misrepresentation when one considers that 6 of the 11
nations proposed for the partnership already have strong trade
agreements with the United States and many of the remainder enjoy
excellent trade relations, such as with Japan.
The President also claims a trade surplus without delineating this
improvement will come from services such as financial, insurance, and
computing, not from manufacturing, as he purports. Given Obama's
scathing treatment of financial and insurance investment overseas, one
wonders if there is not some other hidden motivation.
Alarmingly, Mr. Obama uses containment language with regard to China
as a major premise for obtaining fast-track authority. While we employ
economic instruments of our national power with regard to an ascendant
China, we must ensure in tandem efforts with diplomatic and
informational instruments as well. Strategically, these are lacking.
Further, should a trade dispute result in an impasse, nations
historically have lashed back with their last remaining option, their
military. I have been on the receiving end of many of those strategic
implications. Ours must be prepared--our military--as we explore these
new frontiers.
I have heard no serious discussion from anyone in Congress or the
White House thinking comprehensively and strategically in this manner,
that our military and our diplomatic efforts must also be resourced and
reinforced as we move economically in this pivot to Asia.
When John Hay opened trade with China more than a century ago as a
hedge on an ascendant Japan to balance European concerns, the
achievement was widely heralded. Japanese society had rapidly embraced
Western science and technology since the days of Commodore Perry. A
vibrant economy blossomed. Western ideas in manufacturing, banking,
business, and even military doctrine quickly transformed Japan into a
formidable power. This was not without political consequence.
Japan had transformed her society, fought as an ally in a world war
with the West, imported goods to a demanding public, built ships
together with the West, and signed treaties. Their rapid transformation
alarmed the Japanese Diet hardliners, who used this anti-Western
sentiment to wedge political power.
Within a 15-year span, the lengthy embrace of the West gave way to
competition for resources, distrust, the fall of Japanese Government,
and the doctrine of their Greater East Asia Co-Prosperity Sphere.
In only a couple of more years, what was embraced in the West was now
widely disrespected in Japan. Despised, they were deliberately
attacked; few ever saw it coming. That Japan and the United States are
such strong allies and friends today is a testament of our mutual
commitment to the repairing of human diplomatic and economic tragedies.
We cannot allow President Obama to rush willy-nilly into a fast-track
Chinese hegemony without regard to strategic thinking. Given his dismal
foreign policy record, it comes as no revelation, but it does come with
consequences. What serious harm will come to our Nation by waiting 21
months when we have an administration that actually could achieve
foreign policy successes, instead of one foreign policy defeat after
another?
A dog may lap up antifreeze because it seems good to the taste and
pleasant to the eye, but it does so with consequence. We should not be
lured by the appeal to our natural senses for trade and economic
growth.
Patience now may prevent horrific consequences in a major war in the
future. We do that by advancing our national instruments of power with
diplomatic effort, military readiness, and preparedness in tandem with
our economic effort.
What serious harm can come by waiting 21 months? As Abraham Lincoln
famously said:
Nothing good can be frustrated by time.
We do not need to give the President this authority. We need to wait,
have the patience, lay the strategic foundation so that we can do what
is best for our country, and move into a trade agreement that will have
a long-lasting foundation.
Mr. Speaker, I yield back the balance of my time.
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