Another way U.S. companies can be disadvantaged is through self-imposed impediments to exports. An overhaul of outdated regulations will be required to meet today's fast-paced and pressing needs, while at the same time maintaining controls on technologies that could threaten national security. Worker displacement due to innovation and change have yet to be properly addressed, the Senator said. Yet neither closing off our international markets by raising barriers nor accepting dislocations as a fact of doing business are acceptable responses. We will need to stay open to a dynamic market place and at the same time prepare workers to be flexible and multi-skilled.
Government needs to help workers access rapid re-employment.
All Americans will need access to continuous and affordable life-long education. Finally, the overall environment needs to favor trade by removing artificial barriers around the world. Bilateral and multilateral negotiations are an essential component in creating fair competition. Through these means a broad international consensus as well as a strong national consensus can help ensure that the benefits of trade are painted with a broad brush.