U.S.-Korea trade deal resulted in growing trade deficits and more than 95,000 lost U.S. jobs

EPI ^ | May 5th | Robert E. Scott

[central_va]

When the U.S.-Korea Free Trade Agreement (KORUS) was passed just over four years ago, President Obama said that the agreement would support 70,000 U.S. jobs. This claim was supported by a White House fact sheet that claimed that the KORUS agreement would “increase exports of American goods by $10 to $11 billion…” and that they would “support 70,000 American jobs from increased goods exports alone.” Things are not turning out as predicted. Far from supporting jobs, growing goods trade deficits with Korea have eliminated more than 95,000 jobs between 2011 and 2015.

[freedomfiter2]

The negotiators know exactly what they are doing.

[ChiefJayStrongbow]

We have idiots making our trade deals No.. they know what they are doing. The deal makers are being told to write the trade rules to the benefit of certain powers, but that are not in the best interests of our country.

[i_robot73]

>It is time to stop the intentional killing of our own businesses. Eliminate, trim power, or what ever else is necessary. Helps business, therefore the economy, and is a step toward reducing the size of gov’t.

Well, used to be ONLY Congress could pass that which was Lawful.

I’d say make it that any/all MUST be voted upon by Congress; but I think that’d be unwise: They don’t read anything today and would rubber-stamp the works as they exist AND going forward.

The ONLY ‘benefit’ I can think of: Congress could no say “I tried” or “I didn’t know”.....as if their illegal/unconstitutional agencies/dept. were out of their control to begin.