Wednesday, March 12, 2014

rep clay and chinese trade

1. If Congressman William Lacy Clay Jr. Is so serious about cutting the budget deficit, why hasn’t he done anything about our trade deficit? It reached $456 billion last year, with $318 billion of it racked up by trade with China alone. That’s a lot of money headed directly out of the country instead of toward paying our bills. Here’s one thing Congressman Clay Jr. could do: Get tough on currency manipulation. A new report from the Economic Policy Institute says ending currency manipulation would reduce the budget deficit by $266 billion and create11, 900 jobs in Missouri congressional district 1 In fact, there’s a bill in the House of Representatives right now, HR 1276, that would help crack down on currency manipulators. But REP Clay hasn’t added his name to it. What’s keeping him? Congressman Clay Jr. you’re all for fiscal responsibility. So help stop currency manipulation and put people to work in Missouri!


 2. Here’s the biggest weight on the economy that you’ve never heard of: Currency manipulation. By illegally undervaluing their exchange rates, countries like China make American exports expensive and their own exports cheap. That creates unbalanced trade, hurts American businesses and workers, and it’s not fair. But a new report from the Economic Policy Institute says that ending currency manipulation would do a lot. It would cut Washington’s budget deficit by $266 billion and create up to 5.8 million American jobs, including 11,900 in Missouri congressional district 1 There’s a bill in the House of Representatives right now, HR 1276/, that would crack down on currency manipulators. But Congressman Clay Jr. hasn’t added his name to it. What’s keeping him? Enough is enough. We need to stop currency manipulation and put people to work in Missouri. We’ll need Congressman Clay Jr. help to do so.

 3. Missouri is home to a proud manufacturing tradition. But unless we do something to create more jobs, that tradition will be a thing of the past. We’ve lost 38,800 manufacturing jobs since 2001! Here’s how we start getting jobs back: Cracking down on currency manipulation. It’s one of the chief reasons America’s trade deficit was $456 billion last year. But a new report says that Missouri Congressional district 1 could create 11,900 jobs alone by 2015 if we stamped out currency manipulation. There is a bill in Congress that would do that. HR 1276 would take countries like China to task for rigging their exchange rate to cheat American companies and workers out of business. But it needs more support, and Congressman Lacy hasn’t added HIS name yet. REP Clay Jr.: Will you help fight currency manipulation? We need to get serious about job creation, and these issues go hand-in-hand.

4. Manufacturing jobs and the middle class go hand in hand. But Missouri DISTRICT 1 has lost plenty of them since 2001. So what can we do to get more of them? A new report from the Economic Policy Institute says “fight currency manipulation.” According to its study, DISTRICT 1 could create 11,900 jobs over the next three years if we took countries like China to task for manipulating their currency exchange rates. There’s a bill in Congress right now called HR 1276 that would do just that. But REP Clay Jr. hasn’t supported it yet. REP Clay has fought for jobs in Missouri DISTRICT 1 before. We need him to do so again. REP Clay Jr., support this bill!

 5. Wall Street seems to be doing just fine in 2014, but how about Main Street? Not so hot: If our annual trade deficit is any indication – $456 billion last year – it’s not easy to be a manufacturer in America these days. It’s hard to create jobs if America is shipping all of its wealth overseas. But there’s a way we can bring that trade deficit down, and the budget deficit too. We can fight currency manipulation, which countries use to keep American goods pricey and their own dirt cheap. A new report from the Economic Policy Institute says we could cut the budget deficit by $266 billion and create11, 900 jobs in Missouri DISTRICT 1 by 2015 if we ended currency manipulation. There’s a bill in Congress right now called HR 1276 that would take currency manipulators to task, and it needs more signatures. Unfortunately, REP Clay Jr. hasn’t added HIS signature yet. What’s the hold up? REP Clay Jr., add your name to this bill! If we take currency manipulation seriously, we can get our fiscal house in order and create a lot of new jobs in DISTRICT 1 Missouri.

 6. Like all Missouri RESIDENTS, I want to see more jobs created in my state. That’s why I was disappointed to learn that REP Clay hasn’t supported HR 1276 yet. It’s a bill that would help American manufacturers and workers fight back against currency manipulation, one of the biggest reasons the U.S. runs a huge trade deficit each year. In the last year alone, it was $456 billion. Currency manipulation is a big deal. Other countries rig their exchange rates to make the goods they sell cheaper and America’s more expensive. One recent study found that we could create 11,900 jobs in Missouri congressional district 1in three years. It’s hard to create good-paying jobs when we’re shipping all of our wealth overseas. Missouri needs REP Clay to support HR 1276 so we can start keeping our wealth and our jobs here at home.

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