General Discussion
In reply to the discussion: Passage Of TPP Will Be A Disaster For Dems Just Like NAFTA was. I'm Really Pissed. [View all]JDPriestly
(57,936 posts)produce are not invested in the US or shared with American middle class and poor people. The profits are hidden and sequestered in countries like Switzerland, the Bahamas, even Belgium.
So the trade agreements mean lost jobs, low wages and sacrifice on the part of most of us in America. (I'm affected. There is a movement to reduce Social Security payments which will reduce our primary source of income and the hullabaloo about Social Security is to a great extent due to the fact that payroll taxes that are collected have not risen that much because the wages have stagnated. Greedy folks like Chris Christie find that appalling.)
Other factors may have caused some of the wage stagnation. But our trade agreements have contributed enough. And we can do something about the trade agreements. And by doing something about the trade agreements, we can signal to those on the winning side of our economy that we are determined to regain a livable share of our economy.
So I strongly oppose the TPP.
If you like TPP, then what is your proposal for passing the TPP, bringing industry and work back to America and improving the economic outlook for ordinary Americans?
What is your proposal for reviving our economy and ending wage stagnation and the excessive export of work and industry to developing countries?
I have read many of your posts but I don't think I have read any proposal for you that answers the underlying reasons Americans oppose these trade agreements. I don't want to be rude, but supporting the trade agreements without recognizing and responding to the damage they do in America is a cop-out. It is sheer propaganda of no value to anyone. So I am waiting to read your solutions to the economic crisis that the trade agreements exasperate and perhaps cause.
And no. we do not have to accept imports from other countries. At one time, a great deal of our tax revenue was from tariffs. That is a possibility. We dropped tariffs for political reasons. They were great as tax revenue sources.