The Reform Party Calls on Congress to Export Products, Not Jobs
Washington DC (5/15/2015) – The Reform Party of the United States calls on the US Congress to export American products and not American jobs. The Reform Party, founded in 1995 by followers of Ross Perot, was founded on principles of fair trade between the United States and its trading partners.
“In the heyday of American Industry, the economy of the United States was built on High Point furniture, Burlington textiles, and Durham tobacco. It was possible to find North Carolina produced manufactured goods all over the world,” said Reform Party of North Carolina Chairman Nicholas Hensley. “Today the furniture and textile markets are controlled by China, and within the next few years they will control the tobacco industry as well. The downfall of these industries was caused by conservative trade policies and the conservative fallacy of unrestricted free trade. It is time to throw off the shackles of free trade, and protect our economy”.
This statement came following the announcement that the US Congress passed a bill allowing President Barack Obama to fast track the Transpacific Partnership, a proposed free trade agreement with Asian nations. The Reform Party points to the failures of past free trade agreements as an example of the damage this trade treaty will do to the US Economy.
According to the Reform Party, the recent free trade agreement with Korea shows the effects of free trade with Pacific Nations. Two years after the United States signed a free trade agreement with the nation of Korea, America’s trade deficit with Korea has doubled.
In 1992, the Ross Perot campaign, a direct precursor to the Reform Party campaigned against the North American Free Trade Agreement (NAFTA). According to government statistics America’s trade deficits have increased due to free trade in other regions. The same data shows that since the start of free trade agreements with NAFTA in 1992, America’s trade deficit rose from 39.2 billion dollars to 559.8 billion in 2011, or an increase of over 1428 percent.
Before the start of the Central America Free Trade Agreement (CAFTA), the United States had trade surpluses with most nations involved. Now the United States has trade deficits with all of the nations involved with that treaty except for Panama.
Since the United States trade deficit started in 1975, the number of Americans employed in the manufacturing sector has decreased. Since the 1970s, the number of Americans employed in the manufacturing sector has dropped from twenty five percent of the population to ten percent in 2010. As these manufacturing jobs were outsourced overseas, many found work in the service industry, which pays less, and the American dream was put out of reach for many.
The Reform Party calls on Congress to stop outsourcing American production, and create trade policies that help American manufacturing grow. Furthermore the Reform Party calls on Congress and the President of the United States to end the negotations for the Transpacific Partnership.
For more information, it is possible to contact a Reform Party representative at email@example.com or visit the Reform Party website at www.reformparty.org
For more information contact:
Secretary Nicholas Hensley Secretary@reformparty.org
Chairman David Collison Chairman@reformparty.org