The death of TPP...
Is anybody paying any attention to this? Are we aware of how long it has taken for this country to place itself in a positive position for trade with Asian nations? Do you know how fast Trump has trashed this and what it means for the future of the US economy and for American workers. This is not something we can fix just by getting this deranged animal out of office. This is screwed up for years...possibly decades...
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Oh c'mon Ike...NAFTA and TPP were both bad deals... They were bad deals for some aspects of the American economy and good deals for others. But the fact is that we now have a fully global economy that is never going away. The economies of all countries will be forced to adjust...that's the way it goes...that's the way the world goes. Debate over how bad or how good continues, most of it political in nature. Pulling out of TPP was pure politics. Pulling out of NAFTA is pure politics. But there is no argument that this situation in the Asian markets is a fucking disaster. We have the strongest economy in the world, but it is not perfect and we cannot dictate to the entire world in this way. Does the Trump base care? Of course not. Do Republican voters in general care? Of course not. My estimate is that somewhere in the neighborhood of 5% of Trump supporters have a clue what TPP is, and maybe half of those morons have any notion of what it's actually all about. |
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