San­ders State­ment on Se­nate Vote on Job-Killing Trade Bill

Stanstead Journal - - NEWS -

Sen. Bernie San­ders (I-Vt.) is­sued the fol­low­ing state­ment last Thurs­day af­ter the Se­nate voted to ad­vance a bill that would grant Pres­i­dent Barack Obama ac­cel­er­ated power to com­plete a mas­sive trade ac­cord with 11 other Pa­cific Rim na­tions:

“The Se­nate just put the in­ter­ests of pow­er­ful multi-na­tional cor­po­ra­tions, drug com­pa­nies and Wall Street ahead of the needs of Amer­i­can work­ers. If this dis­as­trous trade agree­ment is ap­proved, it will throw Amer­i­cans out of work while com­pa­nies con­tinue mov­ing op­er­a­tions and good-pay­ing jobs to low-wage coun­tries over­seas.

“Bad trade deals like the pro­posed Trans-Pa­cific Part­ner­ship are a ma­jor rea­son for the col­lapse of the Amer­i­can mid­dle class and the in­crease in wealth and in­come in­equal­ity in the United States. This agree­ment, like bad trade deals be­fore it, would force Amer­i­can work­ers to com­pete with des­per­ate work­ers around the world – in­clud­ing work­ers in Viet­nam where the min­i­mum wage is 56-cents an hour.

“Trade agree­ments should not just work for cor­po­rate Amer­ica, Wall Street and the phar­ma­ceu­ti­cal in­dus­try. They have got to ben­e­fit the work­ing fam­i­lies of our coun­try,” San­ders said. “We must de­feat fast track and de­velop a new pol­icy on trade.”

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