Tell Congress We Want Balanced Trade

116 signatures

Companies, Organizations and Citizens Should Sign the Petition below!

Problem: The U.S has the worst trade performance in the world.

For 40 years, perennial trade deficits have resulted in debilitating and potentially permanent job losses, stagnant incomes, industry losses and massive foreign debt.  Stunningly, U.S. law has never prioritized balanced trade as a national objective.

 

Foreign mercantilist practices such as currency misalignment, divergent tax systems, industrial subsidies that cause U.S. deindustrialization and economic decline - are given scant attention in trade negotiations and have not once been addressed effectively in agreements presented to the Congress for approval.

 

Perpetual trade deficits and unlimited foreign debt are unsustainable for any nation.  While there is still time to avoid a catastrophic economic correction, Congress should direct the President to pursue Balanced Trade now as the principal federal trade policy objective to ensure that trade agreements and other trade initiatives reduce and do not exacerbate our economic difficulties.

 

Any new trade bill should include language requiring the executive branch to make balanced trade the primary national trade goal.  Agencies - such as the Office of the U.S. Trade Representative, the Department of Commerce and the International Trade Commission - would then be held accountable for their progress in attaining this goal.

 

The foreign trade cheating practices that cause the largest portion of the U.S. trade deficit would be addressed first.  These practices would likely include currency manipulation, state-owned enterprises, foreign industrial subsidies, border adjustable taxes and other forms of mercantilism that impact the trade balance.

 

Our country needs to achieve an overall balance of payments over a reasonable period of time, eliminate persistent trade deficits and reverse the accumulation of foreign debt.

 

In other words, we need to fix our economy and re-industrialize America.

 

Companies, organizations and citizens should sign the petition below. It will be delivered to Congress this fall.

 

PETITION LANGUAGE:

We, the undersigned individuals and organizations, request that Congress adopt balanced trade as the primary national trade goal by adding the following language to future trade-related bills:

"The principal national objective for trade in goods, services and agriculture is to achieve an overall balance of payments over a reasonable period of time, eliminate persistent trade deficits and reverse the accumulation of foreign debt."

 

See who else is signing:

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Reactions

  • signed 2015-04-09 20:44:38 -0400
  • signed 2015-04-04 15:12:57 -0400
  • signed 2015-04-02 10:07:42 -0400
  • posted about this on Facebook 2015-04-01 14:02:48 -0400
    Sign the petition: Tell Congress We Want Balanced Trade
  • signed 2015-04-01 14:01:46 -0400
  • signed 2015-04-01 12:52:56 -0400
    We need an American First Trade Policy
  • @atsisabeilla tweeted link to this page. 2015-03-18 17:43:59 -0400
    Sign the petition: Tell Congress We Want Balanced Trade http://www.prosperousamerica.org/take-action?recruiter_id=21446
  • signed 2015-03-18 17:43:45 -0400
  • @JRMartinMedia tweeted link to this page. 2015-03-10 15:46:30 -0400
    Sign the petition: Tell Congress We Want Balanced Trade http://www.prosperousamerica.org/take-action?recruiter_id=14102
  • posted about this on Facebook 2015-03-10 15:46:30 -0400
    Sign the petition: Tell Congress We Want Balanced Trade
  • signed 2015-03-10 15:36:46 -0400
  • signed 2015-03-08 00:13:53 -0500
  • signed 2015-03-07 14:07:06 -0500
  • signed 2015-03-07 07:59:12 -0500
  • signed 2015-02-24 07:28:52 -0500
    such a deal I have for you.
  • signed 2015-02-19 16:49:30 -0500
  • signed 2015-02-18 14:58:56 -0500
  • signed 2015-02-18 08:44:45 -0500
  • signed 2015-02-10 12:35:55 -0500
  • signed 2015-02-10 11:56:31 -0500
  • signed 2015-02-03 17:17:17 -0500
  • signed 2015-02-03 16:15:22 -0500
  • signed 2015-01-27 11:51:20 -0500
    Why is doing the right thing for America so difficult? The young people of America deserve the same opportunities to make a living and raise there children as we and our parents did! That is an “inalienable right” in my humble opinion.
  • signed 2015-01-22 21:33:14 -0500
  • signed 2015-01-21 13:43:15 -0500
    The fact that the President and others involved in TPP have kept everyone in the dark is a mystery to me and to many, many lawmakers (unless they are in cahoots and don’t want to be named). Also, if it weren’t for Wikileaks, or so I’ve been told, we wouldn’t even know the little we do know about this deceptive attempt by big business and political cronies to pull the wool over our eyes and stuff their greedy pockets with huge profits, all at the expense of the middle class and eventually our economy. It needs to be stopped!!!!
  • signed 2015-01-21 08:57:06 -0500
  • posted about this on Facebook 2015-01-20 11:25:34 -0500
    Sign the petition: Tell Congress We Want Balanced Trade
  • signed 2015-01-20 10:58:36 -0500
  • posted about this on Facebook 2015-01-18 00:55:54 -0500
    Sign the petition: Tell Congress We Want Balanced Trade
  • signed 2015-01-18 00:55:27 -0500