Jump to content
To change color scheme, click on themes at bottom of page ×
RightNation.US
Sign in to follow this  
pepperonikkid

Biden Colludes With China To Put Americans Out Of Work

Rate this topic

Recommended Posts

pepperonikkid

Biden Colludes With China To Put Americans Out Of Work

 

https://patriotedition.com/

by Chuck Ross

November 19, 2020

 

Article:

 

One of the first officials Joe Biden selected to serve in his White House led the Clinton administration’s charge in 2000 to pass legislation to normalize trade relations with China.

Biden announced Tuesday that Steve Ricchetti will serve as his White House counselor.

Ricchetti, who served as Bill Clinton’s deputy chief of staff, was that administration’s liaison to Congress to help pass Permanent Normal Trade Relations with China.

A Yale study in 2012 found that PNTR caused a “sharp decline” in the number of U.S. manufacturing jobs.

Bernie Sanders called for repealing the bill in 2005, saying that it had been an “absolute failure.”

One of the first officials President-elect Joe Biden picked to serve in his White House helped spearhead efforts two decades ago to normalize trade relations with China, a move which studies have found led to the loss of millions of manufacturing jobs in the U.S.

Steve Ricchetti will serve as counselor to Biden, the transition team announced on Tuesday. Ricchetti was chief of staff to then-Vice President Biden during the Obama administration, and was deputy chief of staff to President Bill Clinton.

Clinton credited Ricchetti for leading negotiations with Congress in 2000 to pass a bill that established so-called Permanent Normal Trade Relations (PNTR) between China and the U.S. The bill also paved the way for China to join the World Trade Organization, which opened the communist regime’s historically closed-off economy to the West.

Ricchetti served as liaison between the Clinton White House and Congress to wrangle votes in support of PNTR, which faced heavy opposition from Democrats.

“This agreement is a good deal for America,” Clinton told reporters on Jan. 10, 2000.

He said that Ricchetti would work closely with then-Secretary of Commerce William Daley to gain legislative support for the measure.

“Our products will gain better access to China’s market in every sector from agriculture to telecommunications to automobiles,” Clinton continued, adding that China would gain “no new market access to the United States.”

Critics of PNTR doubted China would comply with the trade agreement. They also predicted that PNTR would lead to job losses in the U.S.

 

 

Full Story

Share this post


Link to post
Share on other sites
Ben Cranklin

 

  • Agree (+1) 1

Share this post


Link to post
Share on other sites
Ticked@TinselTown

Ovomit was selling us to Iran and ISIS and his wingman, Quid Pro Joe is planning to sell us to China after they so generously shared COVID with everyone on the Big Blue Marble.

Yeah, the Democratic party is all about the best thing for the American People... :sarcasm:

  • Best Post (+1) 1
  • Agree (+1) 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...