Alexander Says Trade Agreements “Will Bring Millions of Dollars and Thousands of Jobs to Tennessee”
Says “Tennesseans Can Sell More of Our Auto Parts to South Korea, More of Our Electronics to Panama”
October 13 2011
-WASHINGTON – U.S. Senator Lamar Alexander (R-Tenn.) today voted in
favor of trade agreements with South Korea, Panama, and Colombia – three
agreements he said would “create a quarter of a million jobs
nationwide, including thousands in Tennessee.”
Alexander continued: “These three trade agreements are good news for
Tennessee’s economy and will bring millions of dollars and thousands of
jobs to our state now that Tennesseans can sell more of our auto parts
to South Korea, more of our electronics to Panama, and more of our
soybeans to Colombia. Congress would have passed these trade agreements
to help create good private-sector jobs all across the country a long
time ago, but the president has kept them on his desk since the day he
took office.”
In 2010 alone, Tennessee exported nearly $900 million in goods to
these three countries, despite tariffs these trade agreements will
eliminate. Similar trade agreements passed in 2004 helped increase
Tennessee exports to Chile by 416 percent and to Singapore by 195
percent, according to the International Trade Administration.
Read More: http://alexander.senate.gov/public/index.cfm?p=Pre...
Top Opinion
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aneed2know 2011/11/06 05:51:56In My Opinion...+8Dont know and from what past agreements have done to America i would have say, ARE NUCKING KIDDING ME.






















Foreign countries, notably China and India, to whom products have been outsourced have built on the knowledge gained in that production to produce more advanced products at the expense of American developement. Who is the winner here?
Our congress has promoted and subsidized the outsourcing of American jobs throughout the world in response to the lobbying of corporate enterprise. Who is the winner here?
In every instance the loser has been the middle class American worker.
In part the fault has been the gradually deteriorating American educational system in which only 22% of students starting high school graduate from college with a degree. We are no longer educating the mathmeticians, scientists, engineers and computer specialists that are required to be competitive in the working world of the future.
An article worth reading When Will We Learn? is also being shown on CNN International this week. It is well worth a look.
See also The Dumbing-Down of America by Patrick J. Buchanan
As a past member of American Mensa and Intertel I find this deeply disturbing.
Foreign countries, notably China and India, to whom products have been outsourced have built on the knowledge gained in that production to produce more advanced products at the expense of American developement. Who is the winner here?
Our congress has promoted and subsidized the outsourcing of American jobs throughout the world in response to the lobbying of corporate enterprise. Who is the winner here?
In every instance the loser has been the middle class American worker.
In part the fault has been the gradually deteriorating American educational system in which only 22% of students starting high school graduate from college with a degree. We are no longer educating the mathmeticians, scientists, engineers and computer specialists that are required to be competitive in the working world of the future.
An article worth reading When Will We Learn? is also being shown on CNN International this week. It is well worth a look.
See also The Dumbing-Down of America by Patrick J. Buchanan
As a past member of American Mensa and Intertel I find this deeply disturbing.
Yeah, NAFTA & GATT have done wonders for this country. Ask Detroit.
http://trade.gov/press/press_...
Look at Boeing and the trouble they are having for building in a Right to Work state. They may have to shut down a 735 Million dollar facility, and lay off over 3000 workers in Carol;ina if the NLRB and Machinist Union wins their suit.
Edit: I do agree, this administration at least, doesn't want us to.
for that occasion. Lol.
An article I read said that the average worker in China now earns about $45,000 yuan (7124.21 USD) per year. Which is enough for them to live in a manner comparable to most Middle class Americans.
My meager retirement income of about 28,000 per year would be worth about 180,000 yuan in China and I would be living like Warren Buffet.
The 800,000 workers that work for Apple make an average of $45,000 Yuan per year, and some as much as $165,000 Yuan. A good living wage in China.
I would suspect for Apple to have the same plant in the USA. the Median UInion worker would be making $75,000 per year for an added labor cost of $30,000 per worker, Multiply that times 800,000 and you can see why a CEO lioke Steve Jobs moved his workforce elsewhere.
The average factory worker in China receives nett, per month:
- salary $100,
- paid accomodation $20,
- paid food $20,
- paid cigarettes $3,
- does not pay transportation costs to the workplace.
For the cash received, he/she can buy appx 300kg of rice per month or 200kg of banana.
If the average worker in the West has a salary, per month:
- receive nett $2000,
- less to pay accomodation appx $500,
- less to pay food $500,
- less to pay the transport costs to the work place $100,
- less to pay TV, phone, utilities $200.
Nett in hands appx $700 and for that money he/she can buy appx 400kg of rice or appx 250kg of banana.
Not much difference in a buying power.
The real difference is in the costs of living (and the quality of living).
http://www.huffingtonpost.com...
China is still poor on an income per person basis. Average income for city dwellers in 2009 was 18,858 yuan ($2,700), while in the populous countryside it was just 5,153 yuan ($752).
Oregon is # 37 in highest Cost of Living with Tenessee at # 3, with the lowest at the top. Interesting is that Washington is #36. Glad we moved up here than to Bandon when we retired. It's 2% cheaper here.
(From a Car Magazine articlev a couple of years ago)
"Toyota, Subaru, Mercedes, and BMW have located in Right-to-Work States. Their workers average $47/hr with good health care plans and company sponsored 401k's, and other benefits. The cost of living in these low-tax States is lower than in Michigan which taxes anything that moves or sits still.
The workers can AFFORD the cars and trucks they make as well as homes.
They live well."
I'm retired as well, but also am constantly remining educated.