buffenbarger, did you say they deposit the growth in jobs based on exports but they don't look at the loss of jobs based on the imports that are going to result from these agreements? in other words, we may get 40,000 jobs because we're going to get better access to the other guy's market but we may lose 60,000 because the other guy gained better access to our market, and so the total would be a loss of 20,000, are you saying that they on the deposit the 40,000 gain and not the other? >> we have yet to see any deposit the loss of the jobs. we only hear -- aerospace is a ood example. i'll use a real-life example. in selling boeing aircraft to china. china will say we want to buy 100 triple sevens, we'll say. and for that you're going to have to do, under the trade arrangements we have, some production here in china. and boeing will say, that's going to create -- to sell those 100 airplanes, yeah, we may move some of that production there then, but for the overall order of planes, we're going to be iring folks in seattle and portland, wichita, to build those planes. to make that order a

tom buffenbarger is the president of the international association of machinists and aerospace workers founded 145 years ago. tom is a member of the flc iao in dust or union council serves as vice president of the board of the international metalworkers foundation. in the past he was a member of the treasury department's advisory committee to the international advisory monetary fund and currently chairs the labor advisories committee. one of the many private-sector advisory groups that are intended to provide the u.s. trade representatives and other agencies with advice on a broad range of trade negotiation and trade policy issues. we are truly fortunate to have two such distinguished panelists and we look forward to their recitation followed by what i'm sure will be a lively discussion with no further ado, tom the floor is yours. >> thank you very much for the kind introduction and i do want to clarify one point. having served in the capacity of a member of the treasury department's advisory on the international monetary fund, that was the imf and i'm honored to serve though it's been

buffenbarger, did you say they deposit the growth in jobs based on exports but they don't look at the jobs based on the imports that are going to result from these agreements? in other words, we may get 40,000 jobs because we're going to get better access to the other guy's market but we may lose 60,000 because the other guy gained better access to our market, and so the total would be a loss of 20,000, are you saying that they on the deposit the 40,000 gain and not the other? >> we have yet to see any deposit the loss of the jobs. we only hear -- aerospace is a good example. i'll use a real-life example. in selling boeing aircraft to china. china will say we want to buy 00 triple sevens, we'll say. and for that you're going to have to do, under the trade arrangements we have, some production here in china. and boeing will say, that's going to create -- to sell those 100 airplanes, yeah, we may move some of that production there then, but for the overall order of planes, we're going to be hiring folks in seattle and portland, wichita, to build those planes. to make that order and get