General Discussion
In reply to the discussion: I am so utterly sick of this Third Way shit. [View all]joshcryer
(62,536 posts)Last edited Fri Jun 22, 2012, 10:54 PM - Edit history (1)
He's right that, at least in theory, states we have trade agreements with have a much lower trade deficit (with regards to us) than states that we don't have a trade agreement with. I only learned this in the past year, it was a startling result.
Note: Obama should still renegotiate NAFTA as he said he would but he only said that because Hillary was to the left of him on that issue... :twisted:
Note 2: NAFTA is the worst of the trade agreements by far, beyond any of the others, if I recall correctly.
edit: it didn't occur to me at the time of posting that he was downplaying the wage disparities that NAFTA caused. Third Way for sure. I only agree with the part that trade agreements can be more equitable than no trade agreements. Not that they are.