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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNYT Op-Ed: William Daley's (former Obama Chief of Staff) towering pile of pro-tpp shit
William M. Daley, a managing partner at Argentière Capital AG, was secretary of commerce from 1997 to 2001 and President Obamas chief of staff from 2011 to 2012.
What do clever lying liars do? Misrepresent, misuse statistics and artfully weave a false narrative to deceive.
Fuck off, Daley.
IN 1993, President Bill Clinton tapped me as special counsel to lead the fight to pass the North American Free Trade Agreement. As a new trade debate rages in Washington, Ive thought a lot about that effort. The mistake we made in the 1990s was overestimating the potential of Naftas positive impact. Today, we are making the mistake of underestimating what defeat of the Asia-Pacific deal would mean economically, globally and politically.
<snip>
Now Congress is set to weigh in on the Trans-Pacific Partnership, which encompasses 12 nations on four continents and dwarfs Nafta in economic size and geopolitical importance. Once again, the debate takes place while we are in the midst of great change a prolonged period of slow economic growth in the United States, Chinas re-emergence as a regional power, and a new economic order in which the developing countries of the world produce more goods and services than North america , Europe and Japan combined. Many on the political left and right oppose the liberalization of trade policy, just as they did during the Nafta debate, arguing instead for protectionist measures. But theyre off-base.
There is no path to middle-class prosperity without tearing down barriers to American exports. By 2030, the world economy is expected to grow by $60 trillion, with almost 90 percent of the growth occurring outside the United States. Our success depends on how much of that new wealth is spent on American products. But today, of the 40 largest economies, the United States ranks 39th in the share of our gross domestic product that comes from exports. This is because our products face very high barriers to entry overseas in the form of tariffs, quotas and outright discrimination.
When barriers disappear, we prosper. In the 17 trade deals the United States has concluded since 2000, our balance of trade in the blue-collar-goods sector went from minus $3 billion to plus $31 billion, according to an analysis of government data by the centrist policy institute Third Way, on whose board I sit. According to the International Trade Administration, export-related jobs pay 18 percent more than similar jobs in the same sector.
<snip>
Finally, there is the question of politics. Denying the president the authority to negotiate an agreement to bring before Congress would be a serious rebuke. With much of the opposition coming from his own party, it would tell the nation that Democrats had lost confidence in the economic leadership of the man who steered us out of a near-depression. In effect, Mr. Obamas own party would be stripping him of the same ability to negotiate trade agreements that every president since F.D.R., except for Richard M. Nixon, has enjoyed.
More at:
http://www.nytimes.com/2015/05/19/opinion/free-trade-is-not-the-enemy.html?_r=0
MineralMan
(146,262 posts)We need the link to find out, don't we?
It would also help if you put the quoted material in an excerpt format, so we could tell what was quoted and what is your commentary. I have no idea which are your well-chosen words.
geek tragedy
(68,868 posts)cali
(114,904 posts)but he's definitely a bona fide third wayer
geek tragedy
(68,868 posts)he was stripped of some of his responsibilities two months before he quit.
http://www.nytimes.com/2011/11/08/us/politics/william-m-daley-obama-aide-hands-over-operations.html?_r=0
In other words, he had lost the confidence of the president, and everyone knew it.
It was part of Obama going to the left in 2012 away from his disastrous 2011--easily the worst year of his presidency.
cali
(114,904 posts)the worst year of his presidency?
geek tragedy
(68,868 posts)the debt ceiling as part of the negotiations.
He should have done then what he did in 2013--told them to go Cheney themselves and that he wasn't going to negotiate.