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Inequality Is Still the Defining Issue of Our Time [TPP/TRADE IS UNEQUAL]
The Nation ^ | October 12, 2016 2:41 pm | Robert L. Borosage

Posted on 10/13/2016 3:42:17 AM PDT by expat_panama

Opponents of the Trans Pacific Partnership protest outside the White House. (Reuters / Gary Cameron)

In 2011, President Obama, speaking in the wake of Occupy Wall Street, called inequality the “defining issue of our time.” Now Jason Furman, chair of the Council on Economic Advisors, argues that Obama “narrowed the inequality gap” more than any president in 50 years...

...Don’t take down the barricades. Inequality remains extreme and continues to widen... ...report measures Obama’s reductions against what inequality would have been if George Bush’s policies had been sustained through the Great Recession...

...the richest 1 percent continue to pocket the bulk of the rewards of growth...

...Obama plans to join with the business lobby to push the Trans-Pacific Partnership Treaty...

...mobilization against the TPP will engage the populist energies...

...Republican House leadership won’t even allow a vote on hiking the minimum wage, but Fight for $15 and other movements are winning wage hikes in cities and states across the country...

...Obama recently admitted that stronger unions are vital to redressing inequality...

...populist energy should be directed at curbing obscene CEO pay packages... ...Our Revolution might join with other progressive groups in challenging the worst abusers at their annual shareholders meetings.

Inequality remains a defining issue of our time. The advances made under Obama deserve applause, but the real work remains to be done. This presidential season has exposed the growing revolt against business as usual. Now activists must seize the opportunity to build on the energy after November.

(Excerpt) Read more at thenation.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: economy; inequality; investing; trade
TPP protest

At first I was going to ignore this rant but then I realized that how much the goofball-left had mixed their anti-trade schtick w/ "from each his abilities and to each his needs".

1 posted on 10/13/2016 3:42:17 AM PDT by expat_panama
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To: expat_panama

No, the defining issue of our times it the illegal invasion of this country.


2 posted on 10/13/2016 4:17:17 AM PDT by LydiaLong
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To: expat_panama

Marx was a Free Trader, Hillary is a Free Trader, Obama is a Free Trader, all the European Socialists are Fee Traders and YOU are Free Trader.


3 posted on 10/13/2016 5:35:11 AM PDT by central_va (MArx was a Free Trader,)
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To: LydiaLong

Long term de industrialization caused by off shoring for the purposes of international labor arbitrage is a HUGE disaster and probably the USA’s biggest threat.


4 posted on 10/13/2016 5:38:29 AM PDT by central_va
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To: LydiaLong

The dissolution of our country; to mention or recall better times is “racist”.

Years ago Western Europeans stopped coming here because it was no better than where they already lived (high taxes and unemployment, limited opportunities); I’m sure that sentiment is spreading outwards at this point.


5 posted on 10/13/2016 5:42:53 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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