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JHan

(10,173 posts)
12. Well we had an opportunity with the TPP...
Mon Jan 23, 2017, 05:54 PM
Jan 2017

which everyone decided to crap on.

Protectionism always plays favorites. Look at the subsidies we've given industries long past their expiry date, imagine how those subsidies would have been better invested.

As for trade, spill over effects are a challenge because conditions are never perfect. We trade with countries far behind us in technological advancements, wealth, and labour activism. The goal, ultimately, should be agreements that not only benefit producers and consumers, but also capture externalities. Some countries will have greater negative externalities than others, because we're not all on an even footing. In one of HRC's leaked speech excerpts she spoke of a common hemispheric market, which must include provisions that meet agreed upon international standards- and I think this is what you would like, however would every country agree to this? Maybe not right now, but it's a worthy goal.

And we can't avoid this economic reality: To compete with nations that have cheaper labour, we must be more competitive and efficient and also realise that once labour standards improve globally, costs rise- this is why the idea of requiring unionisation in a trade deal was such a good idea, it would have added another layer of expense in outsourcing manufacturers would have found prohibitive.

Recommendations

0 members have recommended this reply (displayed in chronological order):

The think is that... nycbos Jan 2017 #1
Throughout history, tyrants have been able to misdirect people's anger... Wounded Bear Jan 2017 #2
+++++ JHan Jan 2017 #8
When does Rollerball start? n/t Hestia Jan 2017 #3
it seems to me that in a sensible society, increasing automation would be a good thing anarch Jan 2017 #4
It isn't that automation is bad. In fact, in theory, destruction of the planet withstanding, this JCanete Jan 2017 #6
agreed: JHan Jan 2017 #9
Protectionism would have been good a long time ago, when we could have set labor standards JCanete Jan 2017 #5
Well we had an opportunity with the TPP... JHan Jan 2017 #12
The notion that TPP is good and that protectionism is bad, is predicated on assumptions that JCanete Jan 2017 #15
However... JHan Jan 2017 #16
there is a vast difference between expecting other countries to be as finicky? as us* JCanete Jan 2017 #17
You cannot make those kinds of judgments for other countries.. JHan Jan 2017 #18
I'm not sure how tarrifs would be lecturing. They would be much more about making us JCanete Jan 2017 #19
Tariffs have forever failed: JHan Jan 2017 #20
Tariffs have failed for who, when, how? How were they implemented and what was their intention? JCanete Jan 2017 #21
Again.. JHan Jan 2017 #22
unless you can demonstrate that language in the thing would have done something other than JCanete Jan 2017 #23
No trade agreement will be liked by everyone... JHan Jan 2017 #24
This is precisely what TPP was about. joshcryer Jan 2017 #7
Drumpfy can try to outlaw automation. DemocratSinceBirth Jan 2017 #10
Thank you for this, JH Cha Jan 2017 #11
Truck drivers, taxi, Uber, cashiers, fast food workers, who am I leaving out? sarcasmo Jan 2017 #13
Hedge Fund managers potentially... lol.. JHan Jan 2017 #14
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