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John Kozy – Making the World over in America’s Image

The paradigms a person uses (or assumes) while thinking about anything determines the conclusions reached. The choice of  an incorrect paradigm usually renders the thought process invalid. Free trade was practiced long before restricted trade. Restrictions were placed on trade to prevent the damage done to domestic producers by allowing free trade with foreign producers. The elimination of these restrictions …

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Alternative Visions – Trump’s Speech: Pandering to Working Class Discontent – 07.22.16

Jack examines in detail Trump’s acceptance speech and its non-traditional Republican themes criticizing Free Trade, US national debt, NAFTA, China, offshoring, taxes, military spending-NATO, and related topics. Trade issues are paramount but represent pandering to working class discontent over the loss of jobs, wage income decline, and chronic US economic insecurity since 2000. Trump’s specific proposals for trade are dissected, including his claims to ‘tear up’ NAFTA, impose 35%-45% tariffs on Mexico and China, stop China currency manipulation, offshoring, anti-immigration wall, etc.—all of which represent pandering to working class discontent. Trumponomics = ‘Law and Order First’ economic recovery plan. How Trump is cleverly targeting disaffected working class voters in key swing states of Pennsylvania, Ohio, Michigan, Wisconsin, Virginia, North Carolina, and Florida as key to an electoral victory in November. Jack predicts the election outcome will depend on who, Trump or Clinton, is able to turn in those states the white working class, un- and under-employed 20-something youth, Hispanic, and independents voting blocs in those key states. Who has the bigger base, and who (Trump or Hillary) can turn out more of that base in these key states will determine the outcome. Trump has the advantage currently in turnout, Jack concludes as Hispanics and disaffected youth may sit home during the election. Trump could win. Much will depend on the TV debates.

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Dave Johnson – What’s The Problem With “Free Trade”?

Our country’s “free trade” agreements have followed a framework of trading away our democracy and middle-class prosperity in exchange for letting the biggest corporations dominate. There are those who say any increase in trade is good. But if you close a factory here and lay off the workers, open the factory “there” to make the same things the factory here …

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Larry Schwartz – 10 New Ways Other Countries Are Actually Solving Problems—and Kicking Our Ass

The Presidential candidates have been sounding off for almost two years now, pointing out (or in many cases manufacturing) all of America’s problems, and offering solutions they believe will make them the next President. The candidates, especially to the right of the political spectrum, extoll America as being exceptional, and they score empty points with voters by talking about how …

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TPP: A new low

As a dozen nations gather in New Zealand this week to officially sign the Trans-Pacific Partnership (TPP), working families in the United States are sounding the alarm on a deal that would lower wages and ship even more jobs overseas. The final text of the agreement, released in November, is even worse than we imagined, with loopholes in labor enforcement …

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Ian Gustafson – Bleak Prospects For Latin America Under Trans-Pacific Partnership – Analysis

The Trans-Pacific Partnership, agreed to on October 5, 2015 by the twelve participating countries, is likely to prove disastrous for the Latin American states—Chile, Mexico, and Perú—that have joined the pact up to now. Multinational economic interests based in the United States have exerted extraordinary influence over the accord, inserting language that will arguably serve to damage Latin American interests. …

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Eduardo Galeano – God’s Masterpiece or the Devil’s Bad Joke?

Opium was outlawed in China. British merchants smuggled it in from India. Their diligent efforts led to a surge in the number of Chinese dependent on the mother of heroin and morphine, who charmed them with false happiness and ruined their lives. The smugglers were fed up with the hindrances they faced at the hands of Chinese authorities. Developing the …

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What NAFTA can teach us about the Trans-Pacific Partnership trade deal By MICHAEL MUSKAL

The Obama administration this week will continue to wrestle with reluctant congressional Democrats seeking a compromise to advance the president’s hoped-for legacy of expanding trading relations with Asia. Although a variety of political concerns color the debate, the heart of the issue is economic: whether expanding free trade is good for the U.S. economy and for American workers, a key …

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The TPP’s Corporatocracy by BART GRUZALSKI

It’s Friday morning and it seem certain that fast track will pass later today. The hype is that the vote is too close to call but that seems only to be hype. NAFTA was a squeaker. It’s hard to believe that this will be a one-vote squeaker. The Congressional passage of fast track for the TPP will announce to the …