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Populist_Prole

(5,364 posts)

7. Specious analyst

Reply to cal04 (Original post)

Mon Oct 5, 2015, 03:18 PM

Oct 2015

"big U.S. technology companies" = Outsourcers and abuser of H1b visas

"the U.S. apparel industry" = US branded products produced offshore.

Both are already taking advantage of labor arbitrage.

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Highlight:

Here are winners and losers from the Trans-Pacific Partnership deal [View all] cal04 Oct 2015 OP

From an e-mail from Bernie this morning: JDPriestly Oct 2015 #1

The losers are the American people. mmonk Oct 2015 #2

Bernie says we have lost 60,000 manufacturing plants and 5 million decent-paying jobs since 2001. JDPriestly Oct 2015 #3

It ends with this country is bled dry TM99 Oct 2015 #4

Watch our trade deficit explode. That's where you can see the blood of our country shed on the JDPriestly Oct 2015 #6

Bernie is right. Manufacturing employment peaked in 1979 at about 19.5 million. Went to pampango Oct 2015 #10

Not nearly enough to justify yet another give-away trade deal that helps corporations and hurts JDPriestly Oct 2015 #12

Imports are 13% of our economy. They are 30% in Germany and Sweden, 25% in France and Canada. pampango Oct 2015 #13

I do not like the WTO. I think that sovereign nations should control their own destinies and JDPriestly Oct 2015 #14

That's fine. FDR did not agree and promoted the ITO with GATT which became the WTO. pampango Oct 2015 #16

A handful of winners, 350,000,000 losers. Scuba Oct 2015 #5

Specious analyst Populist_Prole Oct 2015 #7

Yes. The textile industry is being decimated here in the US. closeupready Oct 2015 #8

That's why the happy talk is stated in broad, specious terms Populist_Prole Oct 2015 #9

Winners = some of the top 0.1%. Losers = everyone else n/t mhatrw Oct 2015 #11

+ Double-plus It. Octafish Oct 2015 #15