Trade deals are a wild card in American politics. They are game changers for whole sectors of the economy – creating new markets for some and insurmountable problems for others. President Obama says the three pacts could increase US exports by at least $13 billion.
But politicians, recalling the public backlash to NAFTA, have also been wary that the American public could take a dim view of new trade agreements, which can have a devastating effect on whole regions, just as the 2012 election is ramping up.
Deep divisions on "free trade" exist within the same party, as speakers in Wednesday's debate made clear. “These are very difficult issues for members of this body to undertake,” said Rep. Richard Neal (D) of Massachusetts, who represents a district that has 26,000 export-related jobs and supports the trade legislation.
Opposing the trade pacts, Rep. Marcy Kaptur (D) of Ohio, who represents a region hard-hit by the loss of manufacturing jobs, said: “Sure, we sell more pork chops, but we have half-a-trillion-dollar trade deficits and millions of job losses.”
In a forthcoming Gallup poll, only 1 percent of Americans mention free trade as the most important problem facing the country. But in an open-ended question on “what would be the most important thing to do to create more jobs in the US,” the No. 1 answer, cited by 19 percent of respondents, was “keep manufacturing here.”
