Posted on 03/07/2016 6:58:18 AM PST by Enlightened1
CLEVELAND, Ohio – Ohio lost 112,500 jobs in 2015 resulting from the United States' trade deficit with countries that are part of the Trans-Pacific Partnership agreement, according to an analysis by the Economic Policy Institute.
That places Ohio sixth, in terms of the percentage of jobs lost to trade with TPP countries, among the 50 states and the District of Columbia ranked in the report released Thursday by the liberal Washington, D.C.-based think tank. The lost jobs represent nearly 2.2 percent of employment in Ohio, according to the analysis.
The total number of lost jobs includes those directly and indirectly impacted by the trade deficit with TPP countries. It also includes the number of jobs EPI says would have been created through the multiplier or "respending" effect had trade with those countries been more balanced.
The TPP is a free trade agreement between the United States and 11 partnership countries, including Canada, Mexico, Japan, Singapore and Malaysia. While the countries have reached final agreement on the trade accord, it probably will not go into effect for several months. The agreement must clear several hurdles, including final ratification by Congress.
(Excerpt) Read more at cleveland.com ...
Try to keep up. Licensing his name may result in some net benefit, but that credit would go to the licensee.
Actual Trump projects, he does get credit for, good or bad.
The Mexican autoworker doesn’t make $37 a month. In fact numerous stories place their average invoice to be close to that amount daily.
Still the labor is a lot cheaper than the US. What really costs US companies is the regulation and taxes.
Meanwhile those companies continue to increase prices in the US.
If you’re going to criticize Cruz for his stance on TPP at least be honest and criticize Trump for his overseas investments.
So 2.2% of all jobs in Ohio have been lost because of some trade agreement that hasn't gone into effect yet? Anyone else skeptical?
It's like these are the projections of some anti-TPP group, whose results disagree with the projections of the pro-TPP groups. (There's a shock.) How many economic models are there? The same as the number of economists.
So Trump licenses his name but doesn’t get anything in return?
lol you really are naive.
I didn’t say the Mexican autoworker makes $37 per month. I said the average salary is $37 month.
In what twisted world does opening a hotel overseas take away any jobs in America? There is absolutely no connection between that and a manufacturing operation here.
As a former manufacturer whose work was outsourced to Japan, I find your argument absurd at best.
I deal with intellectual licenses. Have for going on 20 years.
Right, then you said the average US autoworker makes $85k a year.
So you’re using a misleading comparison to support your argument.
Much of Mexico is a third world country, yet its the home to one of the richest men in the world. A man who influences American politics and has made lot of money off shipping jobs to Mexico.
And? People like Trump don’t get compensated for putting their name on projects?
BALONEY
“But Kasich brought jobs to Ohio!”
He did. Ohio employment is better than the national average, the budget deficit is gone, Ohio has a 2B surplus. This article is about a Federal Trade Agreement (TPP) that Kasich had/has no control over. If you believe this analysis, from a lefty think tank, Ohio would have an even better employment situation if the TPP trade bill did not exist.
Who said they didn’t.
License compensation does not result in the licensor being liable.
You sure are trying to change the subject from the fact Trump has created a ton of jobs in the US. Nice try.
“License compensation does not result in the licensor being liable.”
Depends, here in Tampa he was part of a project to build condos. They had his name all over the project, which subsequently failed and he was one of the people that got sued.
So Trump created a ton of minimum wage hotel jobs here in the US. Took that money and created even more jobs in other countries.
What jobs has the other candidates brought to Americans?
Does the H1B visa bill have the teeth of what happened with the Disney workers, they got to ‘train’ the people and after they were trained then they lost their jobs?
Didn’t Paul Ryan and Ted Cruz write the TTP-TPA bill?
http://paulryan.house.gov/news/documentsingle.aspx?DocumentID=398270
And people are complaining that Trump employs thousands of people all over the World...then he knows what it like to do business in other countries, how many other candidates know how to do that?
Ohio Ping
Ohio’s current ranking is a dismal 38th in job creation,
[ ]
While John Kasich has actively opposed right to work, and any other union related reforms since 2011, job growth in Ohio has been outpaced by most other US states while the overall number of Ohioans participating in the workforce continues to decline.
http://chrislittleton.com/opposekasich/
Ballot issues in 2016
https://ballotpedia.org/Ohio_2016_ballot_measures
As an Ohioan here in southern Ohio, I can tell you about more manufacturing jobs gone than have been replaced.
Like most of America, job growth is part time and that is overlooked by the Fed and by all current office-holders no matter their party.
Did anyone bother to check where this data comes from or its accuracy?
He also builds lots of hotels. Did you want him to build Trump Hotel Rio De Janeiro in Kansas? Think man.
I have a better question. How much has Trump invested in the U.S. compared to Mr. Cruz and his Goldman Sachs wife? Or any of the other candidates for that matter.
“Did you want him to build Trump Hotel Rio De Janeiro in Kansas? Think man. “
No, golly geee perhaps he could just name it something else. At least be honest.
Trump has invested millions in other countries. He has benefited greatly from the tax laws allowing the money to flow out of this country.
Goldman Sachs eh? Trump has a building on Wall Street. Doesn’t get anymore GS than that.
You completely evaded both questions. One more time
He also builds lots of hotels. Did you want him to build Trump Hotel Rio De Janeiro in Kansas?
I have a better question. How much has Trump invested in the U.S. compared to Mr. Cruz or any other candidate?
Nope sorry. It doesn’t’ “depend”.
What you’re describing sounds more like some kind of partnership. And as you should be well aware of a lawsuit doesn’t mean a damn thing. They ALWAYS sue anyone who’s remotely associated particularly when there’s a deep pocket.
Lastly. Assuming Trump “Took that money and created even more jobs in other countries.” but invested none in the US is clear evidence you are not able to be objective.
Enjoy your day.
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