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Pallone Wowkanech Assail Central American Trade Pact That Would Cost New Jersey Jobs

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Location: Washington, DC


PALLONE, WOWKANECH ASSAIL CENTRAL AMERICAN TRADE PACT THAT WOULD COST NEW JERSEY JOBS
May 16, 2005

---Call On House To Reject Bush Administration Proposal---

Hamilton, NJ --- U.S. Rep. Frank Pallone, Jr. (D-NJ) and New Jersey AFL-CIO President Charles Wowkanech today assailed a Bush administration agreement with Central America and called on the House of Representatives to reject the agreement when it comes up for a vote later this month. They were joined by Hamilton Mayor Glen Gilmore at the old American Standard bathroom fixture facility, which shut down in 2001 and relocated to Mexico, leaving 274 New Jersey workers without jobs.

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"The Bush administration wants Congress to rubberstamp a free trade agreement that will only further the downward economic spiral we've witnessed since the passage of NAFTA," Pallone said at today's press conference. "As my labor friends say, CAFTA is NAFTA's twin brother. I'll take it one step further and call it the evil twin brother. It's time we realize these agreements do not benefit our workers."

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"If Congress signs off on this latest agreement it's once again allowing companies to go overseas to exploit cheap labor so they can then turn around and send those products back into the U.S.," Pallone continued. "Free trade must be fair trade, and to date all these agreements have produced are drastic job losses and skyrocketing trade deficits."

http://www.house.gov/apps/list/press/nj06_pallone/pr_may16_CAFTA.html

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