Tuesday, March 6, 2007

Sherrod Brown on American Trade Policy

. Tuesday, March 6, 2007

Sherrod Brown, (D-OH) who I mentioned today in class, describes his trade policy orientation thusly:

  • "In the past five years, Ohio has lost more than 200,000 manufacturing jobs because of the failed economic policies of George Bush and the Republicans in Congress.
  • Under Republican rule, companies are rewarded for sending good-paying jobs overseas and replacing them with low-wage service positions, which provide little or no benefits to their employees.
  • I led the fight in Congress against the fundamentally-flawed Central America Free Trade Agreement, securing more "no" votes against a trade agreement than any other time in modern U.S. history."

He has elaborated his thinking in a book Myths of Free Trade: Why American Trade Policy Has Failed. According to Publishers Weekly, Brown argues that "Our current free trade agenda...is an un-American departure from a history of tariffs and government intervention aimed at developing the nation’s economy and protecting workers and the environment from the excesses of the market...Indeed, in Brown’s view, no one benefits from unregulated trade except corporations and rich investors, eager to deploy their assets wherever labor and the environment are most profitably exploited."

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Sherrod Brown on American Trade Policy
 
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