The Alliance for American Manufacturing
(AAM) Guide to the Denver Presidential Debate.
China. Tires. Outsourcing. Sweatshops. Auto parts. Currency manipulation. Made in America. Manufacturing. Cheaters.
All these words and ideas have a prominent place in the 2012 election. In our view, rightfully so. But the charges and counter-charges, the attack ads and responses, have done little to help define where President Obama and Mitt Romney truly stand on these issues. Will the Denver debate shed any light on these topics? We know half the debate will focus on economic themes. Let’s hope Jim Lehrer asks at least one of these vital questions.
- What would you do to prevent American tax dollars from creating jobs overseas?
- Do you support strong trade enforcement when other nations cheat?
- Do you believe that our trade deficit with China is a national security issue?
- What actions would you take to penalize China for its currency manipulation and would it include supporting legislation that has passed the Senate and is supported by a majority of members in the House?
IN-DEPTH QUESTIONS FOR EACH CANDIDATE:
QUESTION FOR GOVERNOR ROMNEY: Governor Romney, the decision to
outsource the steel for the Bay Bridge was made by a Republican Governor to save
money, though the final benefit to taxpayers has been heavily questioned after
delivery delays, faulty welding, and cost overruns. You have said you would bar
procurement from China until it opens its market for our goods. Do you agree
with Governor Schwarzenegger’s decision to buy Chinese steel or do you support a
strict Buy America preference to keep tax dollars invested here?
QUESTION FOR PRESIDENT OBAMA: President Obama, Republicans have
been highly critical of your stimulus bill, which they say is creating jobs in
other countries. RNC Chairman Reince Priebus called it the “ultimate sin.” When
asked about Buy America in the Recovery Act, you cautioned against
“protectionism” and said, “I think we need to make sure that any provisions that
are in there are not going to trigger a trade war.” Do you support Buy America
preferences for government spending and infrastructure projects?
[B] Trade Enforcement. The U.S. has laws on the books to level the
playing field when other countries cheat to gain an unfair advantage in trade,
but critics warn that using these tools could spur a trade war. Others argue
that weak enforcement of these trade remedies has left American manufacturing
exposed. You have both
run TV ads pledging to be tougher on China than your opponent.
QUESTION FOR GOVERNOR ROMNEY: Governor Romney, you have said
you don’t want a trade war, but won’t settle for trade surrender. However, you
criticized President Obama’s decision to impose tariffs on Chinese tires. Also,
your opponents say you closed factories and outsourced jobs during your time at
Bain Capital. Where do you stand on using our trade enforcement tools to counter
illegal subsidies, dumping, and other unfair trade?
QUESTION FOR PRESIDENT OBAMA: President Obama,
your administration recently created a trade enforcement unit to investigate and
respond to unfair trade. The first action was a major trade enforcement action
at the World Trade Organization with China on auto parts. Is this a signal that
you would push for more aggressive enforcement of our trade laws, including
cased initiated by the Administration, in a second term?
[C] National Security. Much attention has been paid to budget
deficits and America’s long-term fiscal concerns, but much less is said about
America’s trade deficit. Our trade deficit with China has climbed sharply from
$83 billion in 2001 when it joined the World Trade Organization to a record $295
billion in 2011.
Another issue that is getting significant attention is China’s emergence as
a military power. China’s defense budget has increased sharply, from $17 billion
in 2001 to $106 billion in 2012. They recently launched their first aircraft
carrier.
QUESTION FOR BOTH CANDIDATES: To both President Obama and
Governor Romney, is there a connection here between our trade deficit and our
national security? If so, what structural reforms to our trading relationship
would you undertake to bring the trade deficit under control?
[D] China’s currency manipulation. China manipulates the value of
its currency to gain an artificial, unfair trade advantage over American-made
goods. Currency
manipulation acts as a subsidy for Chinese-made products entering our market
and as a tax on our exports to China.
QUESTION FOR PRESIDENT OBAMA: President Obama, four years ago
you said, “…what we need to do is to just be better bargainers and say look,
here's the bottom line, you guys keep on manipulating your currency, we are
going to start shutting off access to some of our markets." However, you have
declined to cite China as a currency manipulator seven times. President Obama,
is this a failed campaign promise or have you done enough to address China’s
currency manipulation in your first term?
QUESTION FOR GOVERNOR ROMNEY: Governor Romney, you, too, have
made a campaign pledge to penalize China for currency manipulation. On day one,
you say you will sign an executive order citing them as a currency manipulator.
You’ve criticized President Obama for not turning campaign rhetoric into action,
so why should the American people believe that you would actually follow through
with meaningful penalties to level the playing field?
QUESTION FOR BOTH CANDIDATES: And, to both of you, would you
sign legislation that has already passed the Senate and has the support of a
majority of members in the House?
Editorial : Labor and Management, finally, on the same page ! You Bet`Cha ! The above are great questions. Let`s stop all the rhetoric about abortion and gun control ! And talk about the above/real issues.
The corporations don't have to lobby the government
anymore. They are the government.
"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
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