This is the same tired argument they always use to stick another odious trade agreement on us. The end result never changes. Additional trade deficits, loss of American jobs, factories leaving the USA and an influx of questionable products from other countries.
These trade agreements always benefit the weakest member to the detriment of the strongest.
If Ted Cruz is looking to shore up his conservative support teaming with Paul Ryan is a poor idea.
It’s interesting to see the remarks of Gerald Ford on signing the first ‘fast track’ bill:
http://www.presidency.ucsb.edu/ws/?pid=4849
And Of President Reagan on signing the 1984 ‘fast track’ bill:
http://www.reagan.utexas.edu/archives/speeches/1984/103084c.htm
Until NAFTA ‘fast track’ probably did more good than harm.
Since then nothing but loss seems to have come from it.