Sunday, April 24, 2005

Bernie Sanders on "free trade"

Bernie Sanders is running for the Senate seat in Vermont being vacated by Jeffords. Here's some of what Sanders recently said about "free trade."

"Despite its name, Free Trade is anything but free. It is costing millions of American workers their jobs and lowering the wages and benefits for everyone else. In the past three years, the U.S. has lost 2.7 million manufacturing jobs - that 16% of the total. This brings the number of manufacturing jobs down to the level we had in 1958. At the same time, major U.S. corporations like IBM, General Motors, Honeywell and others are investing billions and billions in manufacturing facilities in China."

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"Even service jobs are being exported. Many call center jobs have been moved to India. And press reports indicate that the credit bureaus are subcontracting some of their operations to countries beyond the reach of U.S. laws that protect your privacy or your identity from identity theft. Some experts predict that over the next 15 years, 3.3 million U.S. service industry jobs will be sent overseas."

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