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To: Zhang Fei

Obama’s trade agenda is the GOP trade agenda. Free trade has been a GOP plank for the last century. Trump’s protectionist ideas are Democratic in origin, like the bulk of his political philosophy.


Sorry, unfair trade is not free trade. If you think Obama, Goldman Sachs and GE (who wrote the 5,000 page TPP) are looking out for us you probably belong to the wrong party.

But no worries. President Trump will sort it out. Cruz has learned the error of his ways enabling TPP and will make a fine Senator or Supreme Court justice.


53 posted on 01/16/2016 10:55:46 PM PST by lodi90
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To: lodi90
Sorry, unfair trade is not free trade. If you think Obama, Goldman Sachs and GE (who wrote the 5,000 page TPP) are looking out for us you probably belong to the wrong party.

Free trade is "unfair trade", whatever that means. The point is to subject every industrial sector to the stress of foreign competition, in order to ensure that they remain globally competitive or leave. Foreign countries levy tariffs on imports to protect or nurture their industries. But these scheme have very little effect on their global competitiveness. They are vast boondoggles. Japan protected its computer sector and failed miserably. It protected its telecom equipment sector and failed miserably. Most countries have some kind tariff or non-tariff scheme to protect domestic industries. Almost without exception, these schemes fail miserably. Brazil has protected just about everything it is possible to protect. The one area in which they have succeeded is commercial airplanes. In every other area, Brazilians pay 2 to 3 times what everyone else pays for normal everyday products. And Brazilians have 1/4 the US GDP per capita despite having a superior natural resource base.

54 posted on 01/16/2016 11:07:12 PM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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