Tuesday, June 28, 2016

Trump trashes GOP trade agenda - POLITICO

    Donald Trump is at his best when he says 'yeah I was one of them' . But now he is engaged in economic populism against the elites.....

    Enough of globalism, interventionism, regionalism....Joe Six Pack doesn't benefit from TPP or NAFTA.  The Manhattan elites do, but so what ?

     And he is running against the Princess of Wall Street and maybe, just maybe, her insincere apologist, Pocahontas.

     People are tired of being told what's good for them.

Trump trashes GOP trade agenda - POLITICO

10 comments:

Anonymous said...

There's that word "populism" again. A word pointy headed faculty lounge litards came up with to replace the phrase, "why don't you dummies agree with my theory, I have no practical experience, but I did get better grades than you in everything but math, science and logic."

NY21inMD said...

Trade agreements are not the cause of the decline of the working class. The biggest factor, by far, is the the advance of technology and innovation that allows people to produce more with less. Fewer workers are needed to produce the same amount of goods and services as even a few years ago. Without trade agreements, much of trade would take place anyway although on term unfavorable to the United States. People and business will find ways to trade. And with disparate market economies, there is also the pressure of people seeking opportunities elsewhere through immigration.

Raising tariffs and restricting immigration, however, will not stop the decline in the middle class. Governments will need to find a way to deal with these changes by promoting growth and by addressing the problems of income and wealth inequality among workers and among nations. Building walls and alienating others will not get it done. The British working class, despite their support of Brexit, will bear the brunt of the economic pain from the Brexit.

Middle-Class Mike said...

NY21inMD Technology eats into the workforce in terms of numbers employed, but in many cases they make it possible to be competitive too. Trade agreements do influence the ability of America to sell goods overseas, or for workers to keep their jobs, when we're confronted by the Chinese dumping products here below market value, etc. Automation is a fact of life in the Countries we compete against, but the Ford line workers in Mexico (1 Example) are able to earn wages that support their families. MCM

Anonymous said...

New Yorker in need of a Medical Doctor is correct. That giant sucking sounds that resulted in New process Gear and New venture Gear closing, were not the result of NAFTA. And virtually building in Syracuse that once housed good paying jobs and now sits empty like it was hit by a neutron bomb, it is all because of technology. It had nothing to do with Bubba signing the NAFTA, which enabled Neutron Jack and his captain of industry contemporaries, to move all production to Mexico and Canada.

But there is more to it than that. Manufacturing products requires trade secrets and Bubba made certain that China and every other country had free access to every trade secret in the USA. If not from corporate espionage, than from simply buying it. He even made sure they had our nuclear secretes from Los Alamos. But the important thing is that we evolved to, "don't ask and don't tell" and now we have evolved even further to "do ask and I will tell".

Anonymous said...

Bush I signed NAFTA into law in '92, 816. As usual you are intentionally blaming the wrong president.

Does it bother you that I prove you to be a liar, time and time again?

Anonymous said...

Trump benefited TREMENDOUSLY from CAFTA/NAFTA and Wall Street. What a fraud he is!

NY21inMD said...

9:56a - President George H.W. Bush signed NAFTA on behalf of the United States in 1992. President Clinton later signed the Congressional legislation that ratified NAFTA as part of U.S. law in 1993.

Anonymous said...

It's not just NAFTA that's driving jobs overseas, it's the rhetoric from the lefty loons that think they can force someone to pay for family leave, maternity leave, paternity leave, menstrual leave, etc. Then they wonder why all the call centers are in India...

Anonymous said...

Clinton signed NAFTA after promising all throughout his campaign that he wouldn't.
It is the main reason that I, being a long time and loyal union member, voted for him.
Why wouldn't Trump take advantage of NAFTA? It currently perfectly legal for him to do so.
He is looking to get ALL of us out of it including himself because he knows what a bad deal it is for the country.

Anonymous said...

I have to hand it to NY21inDC, for showing some decency, enough to correct lying deceptive 9:56am.

12:09, sounds like you actually create jobs, instead of creating simpleton theories in the faculty lounge, about how employees should be treated. Your thoughts ring true with all people who are sensible. Don't forget to thank Obamacare too. How does it compare to Mukherjeecare?