Gardner: "A Stalled Economy Needs TPP"

Washington, DC – Senator Cory Gardner (R-CO), Chairman of the Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy, released the following statement today following reports that the United States economy grew by just 0.2% in the first quarter of 2015

“This report is yet another reminder that there’s a long way to go before most Coloradans and Americans actually feel that there’s been an economic recovery. Further, the disproportionate effect of falling exports on our economy that this report highlights shows the need for more free trade, and more international economic activity. With Japanese Prime Minister Shinzo Abe addressing the United States Congress today, elected officials in Washington should be especially cognizant of the opportunity available to us if we can successfully complete negotiations on the Trans-Pacific Partnership and tear down barriers to trade with some of the largest economies in the world.   

“American workers and entrepreneurs can out-compete, out-produce, and out-work any other economy in the world. Giving American exporters more access to overseas markets and allowing us to sell more American-made goods abroad will, in turn, lead to economic growth within our own borders. Export jobs, particularly those in manufacturing, are the kind of well-paying jobs that our economy has created far too few of in recent years. 

“Over 40,000 jobs in Colorado are already supported by exports. Over 5,700 Colorado companies, most of them small or medium-sized, export goods abroad. Those numbers prove how important exports already are to growth, and increasing them would benefit all Coloradans. A stalled economy needs TPP. Let’s allow American workers and small business owners, exporting more and more American goods abroad, to be the engines that drive our economic growth going forward.