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Mark Takai on Free Trade

 

 


Reject free trade deals that don't protect American jobs

While I would support some free trade deals, I will reject and fight against those that don't strongly protect American jobs. We cannot continue to reward big corporations with special tax breaks even as they ship jobs overseas. I will be an ally of labor, and I will work hard to find common ground where businesses can create jobs and unions can protect workers.
Source: 2014 Hawaii House campaign website, MarkTakai.com , Nov 4, 2014

$25B more loans from Export-Import Bank.

Takai co-sponsored H.R.1031 & S.824

This bill raises the cap on outstanding loans, guarantees, and insurance of the Export-Import Bank of the United States for FY2015-FY2022 and afterwards. The Bank shall:

Opponents reasons for voting NAY: (Washington Examiner, 12/2/12): The Export-Import Bank is a taxpayer-backed agency that finances U.S. exports, primarily though loan guarantees. You'd think the bank would spread the money around to nurture up-and-coming businesses. You'd be wrong, very wrong. In fact, 83% of its taxpayer-backed loan guarantees in 2012 went to just one exporter: Boeing. Welcome to the "New Economic Patriotism," where the big get bigger and taxpayers bear the risk. Ex-Im is at the heart of Obama's National Export Initiative and is a pillar of the economic patriotism that Obama pledged in a second term. When government hands out more money, the guys with the best lobbyists and the closest ties to power will disproportionately get their hands on that money. Obama has spent four years pushing more subsidies, more bailouts and more regulations. "New Economic Patriotism" basically amounts to a national industrial policy -- Washington championing certain major domestic companies and industries, as if the global economy were an Olympic competition.

Source: Promoting U.S. Jobs Through Exports Act 15-HR1031 on Feb 24, 2015

2016-17 Governor, House and Senate candidates on Free Trade: Mark Takai on other issues:
HI Gubernatorial:
David Ige
Duke Aiona
Neil Abercrombie
HI Senatorial:
Colleen Hanabusa
Daniel Inouye
Mazie Hirono

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Page last updated: Jun 29, 2017