If we are to garner sustained U.S. domestic support for future trade agreements, we have to make sure those Americans who have suffered as a consequence of past agreements have an effective social safety net, adjustment assistance, opportunities for retraining and new job creation that enables all Americans to thrive.

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What middle-income Americans want most of all is a job. We need a generous safety net for the most vulnerable in our society, but for most people the biggest social accomplishment that we can help them achieve is a good-paying job.

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In terms of job creation, every billion dollars invested in the physical infrastructure creates 47,000 new jobs.

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During the New Deal, people thought to be liberal was to reject socialism on one extreme and fascism on the other, and to preserve capitalism through regulation and a social safety net.

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