*BOG GROUP* On Trade, Here's What the President Signed Into Law

[yallerdawg]

When facts matter...which is always.

https://www.whitehouse.gov/blog/2015/06/29/trade-here-s-what-president-signed-law

https://www.whitehouse.gov/the-press-office/2015/06/29/remarks-president-signing-defending-public-safety-employees-retirement

For six and a half years, we’ve worked to rescue the economy from the worst financial crisis since the Great Depression, to get it growing again and to rebuild it on a new foundation for prosperity. Today, our businesses have created more than 12 million new jobs in the past five years -- that's the longest streak of job growth on record; 401(k)s have been replenished; the housing market is stronger; and more than 16 million Americans have gained the financial security of health insurance. (Applause.)

But a constantly changing economy demands our constant effort to protect hardworking Americans and protect their success. And one of the things we ought to be doing is rewriting the rules of global trade to make sure that they benefit American workers and American businesses, and that they reflect American values -- especially now, while our economy is in a position of global strength. The two bills that I’ll sign today will help America do just that.

But I would not be doing this, I would not be signing these bills if I was not absolutely convinced that these pieces of legislation are ultimately good for American workers. I would not be signing them if I wasn’t convinced they’d be good for American businesses. I would not be signing them if I did not know that they will give us a competitive edge in this new economy, and that that new economy cannot be reversed. We have to embrace it.

This legislation will help turn global trade -- which can often be a race to the bottom -- into a race to the top. It will reinforce America’s leadership role in the world -– in Asia, and in Europe, and beyond. If I didn’t believe it, I wouldn’t have fought so hard to get these things done.

So this is a good day. And I want to thank everybody who has helped us get it -- get to this day...

So this is not the end of the road; this is just one step in a long path to making sure that the next generation enjoys the extraordinary prosperity that our parents and grandparents passed down to us. And although there are going to be disagreements between the parties on particular elements, I think what we can agree on is that in this country, if you work hard, you should be able to get ahead no matter where you come from, what you look like, or who you love.

More at: https://www.whitehouse.gov/issues/economy/trade