Re: TPP Statement

Here you go, attached, without Korea. On Wed, Oct 7, 2015 at 2:57 PM, Nick Merrill <nmerrill@hillaryclinton.com> wrote: > Adding Connolly. We have about 10 minutes if we want to print for her. > > On Oct 7, 2015, at 1:48 PM, Jake Sullivan <jsullivan@hillaryclinton.com> > wrote: > > I think South Korea is gonna drive them nuts. Can we be more general? > > Otherwise I'm okay. > > > > On Oct 7, 2015, at 2:37 PM, Dan Schwerin <dschwerin@hillaryclinton.com> > wrote: > > STATEMENT > > > I’m continuing to learn about the details of the new Trans-Pacific > Partnership, including looking hard at what’s in there to crack down on > currency manipulation, which kills American jobs, and to make sure we’re > not putting the interests of drug companies ahead of patients and > consumers. But based on what I know so far, I can’t support this agreement. > > > > As I have said many times, we need to be sure that new trade deals meet > clear tests: They have to create good American jobs, raise wages, and > advance our national security. The bar has to be set very high for two > reasons. > > > > First, too often over the years we haven’t gotten the balance right on > trade. We’ve seen that even a strong deal, like our agreement with South > Korea, which President Bush negotiated and President Obama improved, can > fall short on delivering the promised benefits. So I don’t believe we can > afford to keep giving new agreements the benefit of the doubt. The risks > are too high that, despite our best efforts, they will end up doing more > harm than good for hard-working American families whose paychecks have > barely budged in years. > > > > Second, we can’t look at this in a vacuum. Years of Republican > obstruction at home have weakened U.S. competitiveness and made it harder > for Americans who lose jobs and pay because of trade to get back on their > feet. Republicans have blocked the investments that we need and that > President Obama has proposed in infrastructure, education, clean energy, > and innovation. They’ve refused to raise the minimum wage or defend > workers’ rights or adequately fund job training. As a result, America is > less competitive than we should be, workers have fewer protections, and the > negative effects of trade are exacerbated. That means even a generally > strong trade agreement may put us at a disadvantage. We’re going into this > with one arm tied behind our backs. > > > > I still believe a strong and fair trans-Pacific trade agreement is both > possible and necessary, just as I did when I was Secretary of State. And I > applaud the hard work that President Obama and his team have put into this > process. But the bar here is very high and so far I don’t believe TPP has > met it. > >