Today is the second anniversary of the U.S.-Korea Free Trade - TopicsExpress

Today is the second anniversary of the U.S.-Korea Free Trade Agreement (FTA) taking effect. The data are in: U.S. exports to Korea dropped 11 percent and our deficit with Korea ballooned 47 percent. That equates to more than 40,000 additional American jobs lost. This, after the Obama administration promised it would expand our exports and create American jobs. Despite the stunning evidence, now the Obama administration is making the same bogus claims that the Trans-Pacific Partnership (TPP) will create more exports and jobs. The thing is, the Obama administration literally used the Korea FTA as its starting text for the TPP!

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