http://blogs.usatoday.com/oped/2010/02/opposing-view-dont-buy-freetrade-hype.htmlKorea deal could put thousands of manufacturing jobs at risk.
By Richard Trumka
Our country is mired in a deep recession and a jobs crisis of historic proportions. This is a moment for our policymakers to take bold action to create millions of good jobs to put hardworking Americans back to work.
This is not the moment to dust off George W. Bush's failed trade agreements and ram them through Congress — certainly not under the false premise that they will help solve our jobs problem.
The trade agreements that President Bush negotiated with Colombia, South Korea and Panama are unlikely to generate significant jobs in the United States. Nor will they promote democratic and broadly shared economic development abroad, or deepen our friendships with those countries.
Haven't we learned yet to distinguish between the "free-trade hype" of Econ 101 — and the hard, cold reality that our current trade policy has become a vehicle for offshoring and outsourcing good jobs?
Even the U.S. International Trade Commission has concluded that the likely economic impact of the Colombia and Panama deals is no more than a rounding error in the U.S. economy. The ongoing threats against, and murders of, trade unionists in Colombia should also place this agreement out of consideration any time soon.
FULL story at link.