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Obama-Bush Korean NAFTA would kill 159,000 U.S. jobs By: James Ploeser and Beatriz Lopez It’s the moment we hoped would never come. President Obama has announced he’ll submit to Congress the Bush-negotiated, NAFTA-style Korea trade deal. Working together — holding our Representatives accountable in every congressional district — we can win. The Korea trade deal carries a price tag of 159,000 more lost American jobs. It perpetuates the NAFTA model of environmental destruction and of granting extraordinary rights for multinational corporations. And, unlike past deals with developing countries with small economies, there are over 200 Korean corporate affiliates already operating in the U.S. The Korea FTA would newly empower these investors to attack vital U.S. financial reforms, as well as environmental, safety and labor laws, before foreign tribunals. And, right now Obama is negotiating his first trade deal called the Trans-Pacific Partnership. If we do not stop this NAFTA-style deal with Korea, you can expect that an Obama-negotiated FTA might look all but identical to the Bush-done deals. We need your help to track your Representative’s stance! Use this form to call your House Reps, demand that he/she oppose the Korea trade deal, and report back what you hear. Once you’ve called your Congressperson’s office, use the Korea Trade Vote Tracker to report what you heard. Together, we can rally enough opposition to see this trade deal go down in flames.
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