Dan
http://www.wsj.com/articles/penny-pritzker-and-jim-mcnerney-the-engine-that-pulled-us-out-of-recession-1426720642
Dear Jim,
The Propaganda continues once again with half-truths! Yes, reducing barriers and exporting is good. BUT, and it's a BIG BUT, it's NET trade that drives a successful economy that creates good paying jobs. WE HAVE REPEATEDLY FAILED TO COME OUT AHEAD ON 'NET' and BALANCED TRADE. Don't believe me, then why do we have an accumulated trade deficit of over $12 trillion over the last 15+ years.
If the proponets of the export rehtoric would present a balanced view of trade with an equal emphasis on the importance of being competitive against imports, and if they would visibly support the inclusion and enforcement of the rules of trade that we need in any trade agreement, then then could be taken seriously....but they don't. Everytime we negotiate a trade deal that supposedly opens up other markets we end up losers for two reasons. The other parties continue to CHEAT on trade into our country and they erect NON TARIFF TRADE BARRIERS to our exports. These non tariff barriers undo the supposed agreements and impose more costly barriers to our products like VAT's, etc.,
The net result is a complete failure of our efforts to have a net positive impact on our economy or atleast not a huge negative drain like we have had for 15+ years. Get serious and present a balanced view on trade and fight for trade on both sides of the equation and stop working to undermine American's future.
Dan DiMicco, Trade Realist
Chairman Emeritus
Nucor Corporation