General Discussion
In reply to the discussion: Forget the DU created issues. How does Hillary not have an opinion on TPP? [View all]pampango
(24,692 posts)"multinational trade agreements". There were no international trade organizations or agreements at all, just high tariffs - lots of 'protection' for American companies, lots of poverty for Americans. We already have the rest of the Coolidge/Hoover legacy - historic income inequality, low taxes on the rich, anti-unions laws and actions, a weak safety net and an intentionally ineffective regulatory system.
If the ghosts of Coolidge and Hoover come back for a visit that would all look quite familiar. What would keep their ghosts up at night would be the amount of international trade (small by the standards of modern progressive countries but something the C/H would have hated) and US participation in international organizations like the UN (republicans kept us out of the League of Nations, many of them want us out of the UN now), the WTO (not consistent with C/H's desire to 'protect' their American corporate masters from foreign competition and provide the revenue - on the backs of the working class - that could replace lowering taxes on the rich) and many other international organizations the FDR created or created political support for by his commitment to internationalism.