Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: The Philosopher who wrote (7051)	3/13/2004 7:29:26 PM
From: Lizzie Tudor	Read Replies (1) of 81568

You claimed he had a specific policy. That turns out to be a lie. Kerry does have a specific policy regarding outsourcing. Bush shot himself in the foot with a substandard economic team and got caught waiting for that huge upsurge in hiring that never came. Kerry has said he wants a multiprong approach: - notification and disclosure, this requires companies to give advance notice if their jobs are outsourced, also disclose information about jobs and location in the books - close tax loopholes for offshore (cayman islands) HQ PO boxes - eliminate incentives to offshore in the tax code (probably means higher corp taxes for some firms) Related to offshoring is trade, here is the policy from Kerry's website. Priorities Strong Enforcable Trade That Works for America The Bush Administration has not cracked down on countries that are avoiding trade laws or manipulating currency. President Bush has supported cutting funds for trade enforcement, despite the fact that we need more enforcement of trade laws to stop the manufacturing job drain. Some Democrats pretend that we can close our doors to the global economy. John Kerry believes we need strong leadership to assure that the global economy works for America. Assure Trading Partners Play by the Rules. Some nations have consistently violated agreements by the World Trade Organization. They have taken unfair actions to block U.S auto companies from selling in their markets. Many products from China are counterfeit or don’t meet industry standards. While this Administration has not used the remedies available under the World Trade Organization to crack down on these violations and help U.S industries, John Kerry would. Stop Countries from Manipulating Currency. China, Japan and other nations have purposely kept their currency undervalued relative to the U.S. dollar to promote exports in the United States and undermine U.S. products abroad. John Kerry believes we must use the full force of the World Trade Organization to take on countries that are manipulating their currency to undermine U.S. exports. Enforce and Strengthen Intellectual Property Protections. In the 21st economy, the U.S. relies more heavily on international partnerships and joint ventures. Intellectual property protections are essential in this environment so that companies can share their technology without losing control of it. Break Down Barriers in Key Export Markets. This Administration has done little to open key export markets in places like Japan and Korea. Some countries use non-tariff barriers, such as making it difficult to access finance or have obscure investment requirements, to undermine U.S. exports. For example, auto exports to Japan are still essentially blocked by complicated rules. John Kerry would use all the available tools, including Section 301 of the 1974 Trade Act, WTO remedies, and diplomatic measures to open these markets. Review Existing Trade Agreements. John Kerry will also order an immediate 120 day review of all existing trade agreements to ensure that our trade partners are living up to their labor and environment obligations and that trade agreements are enforceable and are balanced for America’s workers. He will consider necessary steps if they are not. And John Kerry will not sign any new trade agreements until the review is complete and its recommendations put in place. He believes all new trade agreements must have strong labor and environmental standards.

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