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I want to know which president is responsible for sending all of our jobs to China? I do not pay attention to politics and I just want simple answers and no fighting! please.
;what GHW Bush fast tracked through (formally signing onto the treaty) in the 11th hour of his presidency. Fast tracking of a treaty means it cannot be subjected to debate or filibuster, and does not allow for any changes to occur before an up-or-down vote, meaning that the final product was HIS handiwork. By adding Mexico, GHW Bush worked throughout his term to expand the pre-existing US-Canada Fair Trade Agreement hammered out by Reagan. You might want to take note that neither CHINA nor India were parties to the NORTH AMERICAN FTA, but since you bring it up, it is also worth noting that the trade deficit between the US and China did not explode until after China's entry into the WTO in December 2001….7 years after NAFTA was signed into law.
US presidents as far back as Nixon had been courting that global partnership. China was the 143rd member, meaning that 142 global nations engaged in supporting its member accession, making it highly unlikely ANY US president could have blocked its acceptance. During these negotiations and the consensus-building process, protections to maintain or improve domestic LABOR or environmental standards were almost entirely omitted. This aversion toward labor and environmental standards (AKA, that dreaded R-word, r-r-r-r-regulations) is and has been a common theme amongst certain US partisans who, for the time being, will remain anonymous.
China’s entry into the WTO was the single most significant contributing factor of the burgeoning trade deficit witnessed since 2001. The US-China trade deficit that had been increasing during the 1990s (up to $9 billion in 1997) virtually quadrupled between 2001 and 2007 (at $35 billion). This is not to say none of it occurred during the 1990s, but the impact on jobs at home was not felt as much due to the ongoing economic growth during that time…the same growth that came to a screeching halt during Bush years.
Source: Economic Policy Institute