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In reply to the discussion: Thinking about the TPP. FDR regarding tariffs: [View all]pampango
(24,692 posts)27. We are both skeptical about their inclusion in the TPP.
I refuse to believe that it is impossible to have strong, enforceable labor and environmental standards in international agreements even though the enforceable qualifier means there would have to be an independent enforcement body that will anger the 'national sovereignty' folks. The administration says they are in this agreement. I doubt that but I have not seen the final draft.
The best path is to completely abandon any and all trade deals with nations that do not have a similar or greater living standards.
So trade deals with Europe, Canada and Australia would be OK but deals with Central/South America and Africa would not be acceptable?
Here are the countries we have trade deals with now and their per capita GDP:
Per Capita GDP:
US - $53,000
Canada - $43,000
Oman - $43,000
Bahrain - $49,000
Australia - $45,000
Israel - $33,000
South Korea - $34,000
Singapore - $78,000
All the Latin American countries are below $20,000.
(BTW, the EU is $35,000 and Japan is $36,000.)
Where would you draw the line on "nations that do not have a similar or greater living standards"? Should we abrogate all of trade deals with every country below $50,000 per capita GDP? That would eliminate every country except Singapore? Perhaps at $40,000 to eliminate South Korea and Israel and any potential for deals with the EU and Japan? Or should we put the limit at $30,000 and just eliminate Latin American countries?
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Here's an actual liberal view(which is of course correct). Maybe you can post something from Fox
RiverLover
Dec 2014
#7
FDR was right on. Tariffs should protect the living standards of the American worker.
Enthusiast
Dec 2014
#2
"In FDR's view high tariffs shifted the burden of financing the government from the rich to the poor
pampango
Dec 2014
#16
Very little of the TPP has anything to do with what tariffs are still existing.
djean111
Dec 2014
#3
I certainly hope you did not think that with my post I was suggesting that the TPP is just about
JDPriestly
Dec 2014
#13
Of course, he campaigned against and negotiated away most of the high tariffs he inherited
pampango
Dec 2014
#15
Unfortunately, as our high trade deficit and declining wages prove, even multilateral trade
JDPriestly
Dec 2014
#17
But the wealth is safely in the hands of the wealthy elite and multinational corporations where
Enthusiast
Dec 2014
#20
Indeed I believe FDR knew that the elite have prospered under high tariffs and low. The key
pampango
Dec 2014
#22
I've posted many times that the TPP is only good if it has strong labor and environmental standards
pampango
Dec 2014
#24
Yeah, we heard about those mythical strong labor and environmental standards
Enthusiast
Dec 2014
#25
That was pretty quick going from "completely abandon any and all trade deals with nations that do
pampango
Dec 2014
#29
Wages declined from the early 1970's to the mid-1990's then increased. A NAFTA tragedy?
pampango
Dec 2014
#31