Jun. 16, 2015
The Trans Adjustment Assistance (TAA)
The TAA will not protect American workers and will impact U.S. sovereignty. The TAA is a "living agreement," which means that trans-corporations will continue to write the rules and regulations after it has been ratified by the US Congress. This will destroy U.S. sovereignty. The TAA has a goal of labor mobility among more than 50 nations to reduce wages of Americans. Trade deficits and labor mobility is to reduce American wages. NAFTA, 1979-1994, reduced American jobs by 2.4 million, and caused a trade deficit increase from $16 billion in 1993 to $48 billion in 1996.
The growing trade deficit under NAFTA is increased because it effects sale of goods. NAFTA encouraged manufacturing to move out of the U.S. to Canada and Mexico. This is also a national security issue, since during WWII, the U.S. was able to turn manufacturing of appliances to weapons of war - on a dime. This is why the U.S. won the war. The U.S. no longer would be able to do that - we no longer have the existing infrastructure.