Another False Ad From Radical Liberal Grimes "Majority PAC"

FOR IMMEDIATE RELEASE
August 26, 2014
Contact: Allison Moore 502-618-1372

LOUISVILLE – Team Mitch today released the following statement and background information in response to the latest false ad from radical liberal Grimes “Majority PAC.”

"Once again, Harry Reid and liberal anti-coal Obama extremists come riding to Alison Lundergan Grimes' rescue with a desperately out-of-touch ad attacking Senator McConnell. It should come as no surprise to anyone in Kentucky that Alison Lundergan Grimes' biggest supporters have absolutely no idea that tens of thousands of Kentucky jobs are reliant upon the policies they're attacking Senator McConnell for championing in the Senate,” said Team Mitch spokeswoman Allison Moore.

BACKGROUND:

According To The Chamber Of Commerce, There Are 65,881 Kentucky Jobs Supported By Trade With Canada And Mexico Attributable To NAFTA. (“NAFTA Triumphant,” U.S. Chamber of Commerce, Accessed 8/25/14)
 

23.5% Of Kentucky Manufacturing Jobs Depend On Exports For Their Jobs. “In 2011, nearly one-quarter (23.5 percent) of all manufacturing workers in Kentucky depended on exports for their jobs.” (“Kentucky: Exports, Jobs, and Foreign Investment,” International Trade Administration, June 2014)

The Two Largest Markets For Kentucky Exports Are Canada And Mexico, Totaling $9.7 Billion. “The state's largest market was Canada. Kentucky posted merchandise exports of $7.8 billion to Canada in 2013, representing 30.6 percent of the state’s total merchandise exports. Canada was followed by Mexico ($1.9 billion), the United Kingdom ($1.8 billion), China ($1.3 billion), and Brazil ($1.3 billion).” (“Kentucky: Exports, Jobs, and Foreign Investment,”International Trade Administration, June 2014)

Exports To Countries That The United States Has Free Trade Agreements With Represent 47% Of Kentucky’s Total Exports. “The United States currently has free trade agreements in force with 20 countries, which account for $11.8 billion (47 percent) of Kentucky’s exports.” (“Kentucky: Exports, Jobs, and Foreign Investment,” International Trade Administration, June 2014)

Kentucky Exports To Free Trade Markets, Including NAFTA, Has Increased By 83%. During the past 10 years, exports from Kentucky to these markets grew by 83 percent, with NAFTA, Singapore, Korea, Australia, and Colombia showing the largest dollar growth during this period.” (“Kentucky: Exports, Jobs, and Foreign Investment,” International Trade Administration, June 2014)

U.S. Exports To NAFTA Have Increased 271% Since 1993. “U.S. goods exports to NAFTA in 2013 were $526.5 billion, up 3.5% ($18 billion) from 2012, and up 97% from 2003. It was up 271% from 1993 (Pre-NAFTA). U.S. exports to NAFTA accounted for 33.3% of overall U.S. exports in 2013.” (“North American Free Trade Agreement (NAFTA),” Office Of The United States Trade Representative, Accessed 8/25/14)

A Majority Of Kentucky Exporters Are Small And Medium Sized Businesses. “A total of 4,569 companies exported from Kentucky locations in 2012. Of those, 3,634 (79.5 percent) were small and medium- sized enterprises with fewer than 500 employees.” (“Kentucky: Exports, Jobs, and Foreign Investment,”International Trade Administration, June 2014)

The American Farm Bureau Was A Strong Supporter Of NAFTA When It Passed. “The House action approving the North American Free Trade Agreement begins a new chapter in trade relations, built on mutual respect and cooperation. This new accord will bring ever-increasing benefits to agriculture and will strengthen the U.S. economy.” (Press Release, “American Farm Bureau President Issues Statement On Nafta,” American Farm Bureau, 11/17/93)

Do you like this post?