Obamatrade is not about trade and never was. It’s sold as a magic elixir that will cure all ills – Jobs! Prosperity! World Peace! - but it is in fact a toxic brew that weakens the American body politic and the Constitution. Obamatrade undermines our national sovereignty and that’s what it was designed to do.
A new bipartisan poll shows an overwhelming majority of Americans of all political stripes oppose giving the president fast-track authority to push the TransPacific Partnership. Yet the leaders of both parties, from President Obama to John Boehner, continue to support it. Read the poll results for yourself.
The White House is selling Obamatrade aka the TransPacific Partnership with the equivalent of 'If you like your job you can keep it." The president claims it will create jobs, protect workers and open new markets for products made in the USA. The opposite is true. Here are some Americans making things in the USA who will be out of work if Obamatrade comes to pass.
Want to solve economic inequality? Stop liberalizing trade. Between the lines of President Obama’s fifth State of the Union lies the real reason behind job loss and stagnant wages for all but the top 1% Americans -- the nation’s trade deficit, among others.
Tonight, during his fifth State of the Union address, President Barack Obama is expected to mention free trade and economic inequality in the same speech, which makes absolutely no sense at all. Freer trade is just a recipe for more off-shoring creating greater inequity. It seems the American worker's last line of defense is the nation's millionaire Congress. Scary, huh?
Overseas-produced shoes are the worst. You never know whose kid is breaking their back or risking their life to produce a cheap sneaker or sandal that ends up falling apart soon than later. Major footwear manufacturers have contended that it’s the only way to stay in business. Some less conventional entrepreneurs would beg to differ. Take Annie Mohaupt, an architect turned made shoe scientist from Chicago.
Think Congress does nothing? Think again. The bipartisan $1.1-trillion spending bill that President Barack Obama signed into law Friday contains a provision that limits and requires a cyber-espionage review of tech purchases from China. Perhaps, our congressional lawmakers rethink the White House's take on TPP. You can make it happen.
With all the pro-free-trade hype over how the Trans-Pacific Partnership pact will transform our economy for the good, we wanted to take a look back at how once-vaunted NAFTA changed the trade landscape in North America. As twice-presidential candidate H. Ross Perot once predicted, the first free-trade pact created a huge sucking sound -- that of the U.S. trade balance going south.
With all the pro-free-trade hype about how the Trans-Pacific Partnership will transform our economy for the good, we wanted to take a look back at how once-vaunted NAFTA changed the trade landscape in North America. As twice-presidential candidate H. Ross Perot once said, the first free-trade pact created a huge sucking sound -- that of the U.S. trade balance going south.
Ever wondered why there's a disconnect on free trade between Washington and Main Street? Perhaps, it has something to do with all the millionaires populating Capitol Hill. A new analysis reveals that more than half of congressional lawmakers exceed $1 million in net worth. Time to show our leaders who's boss.
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