The TPP: Toward Absolutist Capitalism

[stillwaiting]

32. Underneath the BALANCED VIEW of trade deficits that you posted

it should clearly indicate that the U.S.'s trade deficit is bad. Our trade deficit does not reflect rising incomes and it has hurt employment (good jobs gone; service jobs created). Also our borrowing does finance our current consumption. That's bad according to the info. you posted.

All I know is that we are told over and over again that these free trade agreements will help us export more to these countries (that's false), and that we will get lots of new jobs (any new jobs we've been getting over the past few decades have NOT been good ones; we've lost those through these trade agreements). That's the B.S. that keeps getting repeated over and over though, and there's no truth to it.

I have seen you on numerous occasions here state that you realize that these trade agreements will result in the loss of jobs for U.S. citizens, but that it creates good jobs in other countries (which supposedly raises them out of poverty). You've touted that as a good thing, and I believe you've even stated that you don't understand why liberals would be against this series of events. You certainly seem to not care too much about the worsening plight of the American middle class, working class, and poor as you are so cavalier about this happening.

Although I do give you credit that you at least state that you believe some jobs will be going to other lower labor countries. Most of your compatriots on this issue don't even acknowledge that.