Chad Lupkes (Facebook) CLICK IMAGE TO READMORE ABOUT TPP ON THE AVE So, the President now has the authority to … what? Negotiate without having to worry about Congressional review? Agree to a deal with our Pacific Rim trading partners with no regard to workers rights? I honestly don’t ha[...]
Posts Tagged ‘protectionism’
April 30th, 2015 - 1:51 pm § in Uncategorized
TPP in a nutshell
The Trans-Pacific Partnership summarized: “One huge flaw is that while classical economics has a fair amount to tell us about the wealth of nations, it doesn’t say much at all about the wealth of the individual people inside the nations. A trade deal that enriches Americans who own lots [...]
April 16th, 2015 - 11:32 am § in Misc.
TPP is on its way
Reuters reports that U.S. senators have agreed to a bipartisan bill to move trade deals quickly through Congress . The key element was agreement on aid for workers hurt by trade. Fast track authority restricts Congress to a yes-or-no vote in exchange for setting negotiating objectives, laying out h[...]
CHINA: #1
China has just overtaken the United States as the world’s largest economy. Meanwhile China is evicting the last of the demonstrators in Hong Kong. Who is still on Hong Kong’s streets? Nobel Laureate Joseph E. Stiglitz explains what this means in Vanity Fair. Excerpts: “2014 was [...]
Is Free Trade Good For US . part 2.
In response to Norm My point us the same. Protectionism raises cost on everything workers buy while encouraging capital flight. How do you feel about Japanese protectionism or french protectionism. Do you think THEIR workers benefit.from the absurd prices for rice and wheat? As for Korean and Ja[...]
NAFTA Is NOT The End of the World!
Norm., with all due respect, your post opposing free trade is way over the top. Free trade agreements SHOULD be a liberal cause. NAFTA, by every measure I have seen, has benefited all three countries. Workers in Canada..or Mexico are people too. Protectionism benefits only those wealthy enough to [...]
Beijing, China – Trader Creates A Fake Bank ‘Run by Jews’
Beijing – In a China awash with fake iPhones, pirated DVDs and knockoff Louis Vuitton bags, rice trader Lin Chunping took fakery to a whole new… Read More »[...]
China posts a surprise trade deficit, Funny Picture of Hu
from BBC Shipments grew at a weaker-than-expected 2.4% in February from the same month a year ago, latest figures show. Imports on the other hand increased by 19.4%, resulting in a trade deficit of $7.3bn (£4.5bn). “Imports have dropped significantly, and it points to a serious weakening in d[...]
Commentary by Norm: Is Free Trade Good For Us? Pt. 3.
Continuing the thread about free trade Auto workers in Japan and Germany have been paid more than UAW workers in this country have for more than three decades. Your suspicions are flat out wrong. The problem with the cost of building US cars is primarily, tho not exclusively, the cost of worker [...]