TRADE Act Introduced into Congress

The TRADE Act, or Trade Reform, Accountability, Development and Employment (TRADE) Act, will soon be introduced in the Senate this session. One of the key elements in this bill, beyond our usual labor and environmental standards is an analysis of the economic impact of each trade agreement on the United States and most importantly it's workforce.

Public Citizen is launching a grassroots campaign to alert the general public of this bill and contact their representatives to get it passed. They have also written up a one page fact sheet.

Here is Lori Wallach with her request for help to get this legislation passed and (finally) signed into law:

You might consider reviewing this bill and consider supporting it if you want significant trade reform. This bill has been introduced before and they could not get it passed. It's clear they are hoping all of the campaign promises from elected officials makes some real change happen this time.

I personally want trade agreements that guarantee the United States is the winner on trade deals. But this is a very good start and framework to obtain real trade reform.

Subject Meta: 

Forum Categories: 



Make no mistake about it the International Trade Deficit must be balanced if America is to SURVIVE. There is only three ways to correct this humongous Trade Imbalance.

1. Increase the American Exports by $450.6 Billion Dollars per year. This is absolutely impossible.
2. Decrease the American Imports by $450.6 Billion Dollars per year. Then manufacture the merchandise in America.
3. Pull out of NAFTA and the WTO and Produce all Imports in America. Do not worry about Exports and this will Create 15.02 million Jobs instantly and maybe ever more.

I am suggesting we do number three. This can only be done by the American Congress and will automatically bring the large American Manufactured Goods Trade Deficit into BALANCE almost over night. Where Exports + Imports = Balance of ZERO.

Here is exactly what would happen. Toyota would be forced to manufacture every part on every car sold in America.

Every item sold in every store in America would be required to be manufactured right here in America. America would be swimming in newly Created Jobs almost over night.

I can remember this large sign posted in Wal-Mart: “EVERYTHING SOLD IN THIS STORE WAS MADE IN AMERICA”.

Sam Walton said: “Everything sold in all Wal-Mart stores will be made in America”.


Here is my Job creation Computations:


Total USA Imports in 2006:
$ 2,211.7 billion ----- Total Imports.
$ - 309.4 billion minus -(Money spent on Imported Crude Oil)
$ 1,902.3 billion / 30 billion=63.41 million jobs lost from Imports.


Total USA Exports in 2006:
$ 1,451.7 Billion / 30 billion=48.39 million jobs America Created from Exports.

If USA Pulls out of NAFTA and WTO right now:
USA would absolutely gain a total of 63.41 million Jobs by Manufacturing all IMPORTS right here in the USA.

So, 63.41 minus 48.39 = 15.02 million NET JOBS GAIN. But, a lot of Exports must be purchased in the USA. That would mean an even larger number of jobs created in America than I have estimated.

Also, I should note that I have subtracted out the $309.4 billion dollars that America spent on Import Crude Oil in 2006. This is another problem that must be solved later.

My calculation means an ABSOLUTE 15.02 million Jobs gained if the rest of the world did not buy even one penny of USA EXPORTS.

SO MOTE IT BE. . . . .

Do you truly want to help straighten out the United States Government now? Then, copy and post this article everyplace on the Internet you can post.

BY: Harry Dingey

Have a good day my friends.

a few comments

Firstly, it takes some time to ramp up production, train people and you miss what imports are. There are many categories, including raw materials for production, specialized equipment for production. Without these imports, say some of the raw materials for rechargable batteries as just one example...there will be no production because that element does not exist in the U.S. Same with oil. Do you wish to stop all imports of oil? Would you like to see the U.S. economy collapse real fast?

So, instead you would cause further economic collapse and believe me, on this site we are not friendly to current U.S. trade policy, esp. China and that includes NAFTA, WTO and so on.

Secondly, there is a much easier way to create instant jobs and that is to ban the offshore outsourcing of Federal and State contracts, additionally put a freeze on guest workers.

There are 1.5 million guest workers in the U.S. and I don't know exactly how many jobs are offshore outsourced, but it is in the millions.

State and Fed dollars are already spent, so bringing those jobs back will not add that much to budgets (offshore outsourcing is not the cost savings so proclaimed and many times costs more).

But believing the world can just "stop imports" makes me wonder who is reading this site and getting educated.