In a move that elicited a collective groan from virtually all of progressive America, the Obama administration and congressional Republicans reached a deal on April 16 on so-called “fast track” trade authority. This is the legislation needed to ram new trade agreements through the US Congress with limited debate and no amendments. While it was a gut kick to the progressive movement, it was also a gut kick to grass roots Tea Party Republicans, and the entire middle class.
Fast Track is another way to rig the economic and political game against the 99 percent. Fast Track was championed by class warriors and Wall Street Senator’s Ron Wyden, Orrin Hatch and Mitch McConnell.
It was a gut-kick for labor unions and environmental, consumer, human rights and other groups that have long called for a change of course on US trade policy. Instead, the fast track legislation shows we’re still stuck in the same old failed model of the 1990s. The bill lays out trade policy objectives that elevate the narrow interests of large corporations and undercut efforts to support good jobs, the environment and financial stability.
Read the rest of this story by clicking on the link below.
Fast-Track: A Gut-Kick to the Progressive Movement.