By Robert Pore
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Published: Friday, December 4, 2009 10:10 PM CST
America needs a national economic goal, which begins with reforming the nation's trade policies that are hemorrhaging this country's jobs and treasure overseas, said Michael Stumo of the Coalition for a Prosperous America.
Stumo was a featured speaker Friday at the Nebraska Farmers Union convention, which is being held in Grand Island this weekend.
While agriculture has constantly enjoyed a trade surplus, Stumo said current trade policies, including the concept of free trade, could cause future concern for Nebraska's farmers and ranchers.
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UNITED STATES HAS LEVERAGE TO END CHINA CURRENCY PROBLEM
In any negotiation, leverage is a measure of which side, at any given moment, has a greater ability to influence the other side. Even in the face of the loss of 5.6 million manufacturing jobs in the last decade, the United States has been a “paper tiger” in negotiating with mercantilist Asian export tigers like China. With rare exceptions, America has been unwilling to use its leverage of limiting access to the U.S. market under international trade rules and has not been able otherwise to persuade countries like China to desist from currency manipulation and other illegal trade practices that destroy U.S. jobs.
CPA provides the service of rating legislation and tracking how Congress voted. Click the links below to see how your delegation voted in the 109th Congress and 110th Congress.
Act Now: Legislators Should Co-Sponsor Currency Reform Bill
We are collecting petition signatures from as many states as possible to deliver to each state's legislative delegation. Your name will be on the petition for your state, going to all your Representatives and Senators. Click here to sign the petition. Click here to learn more about currency misalignment and how it is worsening the trade deficit and harming our economy.
Over 300 associations, companies and prominent individuals have joined CPA in prescribing how to Fix America's Economy through trade reform. See the document and signatories here. If you want to sign on, send an email to ellen (at) prosperousamerica.org.