Losing Momentum in the "Fast-track" to Trade

This article discussed the importance of the United States’ participation in the global economy and Obama’s current policies as consistent with free trade and global partnership.  Since his first term, Obama has made more progress in developing trade deals with the EU.  The progress made with the administration thus far also brings a new face to what the United States is capable of bringing to the global market.  What complicates these improvements is the current Congressional disputes.  Unfortunately, the President cannot simply pass such policies without the “fast-track” system in Congress, due to amendments being added.  However, speculation is that after the return from the mid-term break, Congress will back the fast-track system and approve trade agreements.  Such deals on the table result in an approximate $600 billion increase in the world’s output, with nearly a third accruing to the US.  Potential benefits could result in a decrease to education and healthcare.  With much more delay, officials fear a loss in momentum and resulting progress being lost.  Opposition to the fast-track policy could dismantle agreements, and Obama’s delay in progress may actually increase the inequalities of the global trade system. 

http://www.economist.com/news/leaders/21596934-barack-obamas-unwillingness-fight-free-trade-expensive-mistake-how-make-world