Congress has one last chance to stand up to China’s cheating and save American jobs. Before your Member of Congress comes home to campaign for this November’s election, tell him or her to pass China currency legislation. Here’s why. America's trade deficit with China rose for the fifth straight month. In fact, it reached a new monthly record of $29.4 billion in July.
When the trade deficit goes up, that means jobs go down. A recent report by the Economic Policy Institute (EPI) shows our trade gap with China cost the U.S. 662,100 jobs between 2008 and 2011 alone, and 2.7 million jobs from 2001-2011. Click here for an interactive map showing this job loss in each state and congressional district. One of the principal reasons for this staggering job loss is China’s undervalued currency. Recent national polling for the Alliance for American Manufacturing (AAM) shows that 64% of voters believe that this currency manipulation has cost U.S. jobs.
We can’t afford to wait. It’s time to ensure that American businesses and workers have a level playing field when competing with China. Before Congress finishes for the year, it needs to pass China currency legislation. <> Click here to send a message to your Member of Congress urging the House of Representatives to pass H.R. 639, the Currency Reform for Fair Trade Act.
Together, we can make a difference.
Thanks for all you do,
Underdog = Don Jones
"Democracy...is two wolves and a lamb voting on what to have for lunch"!
Liberty...is a well-armed lamb contesting the vote.
Fiat Lux
1 comment:
You are right on with this one. Fixing the trade deficit with China is one of a few critical things that could dramatically improve our economy. It is past time for this to be addressed.
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