McCain: Trump's withdrawal from TPP a 'serious mistake'

The Hill ^ | 1/23/2016 | JORDAIN CARNEY

[bkopto]

Sen. John McCain (R-Ariz.) blasted President Trump on Monday, warning that his decision to withdraw from the Trans-Pacific Partnership (TPP) will spark a wave of negative consequences.

“President Trump’s decision to formally withdraw from the Trans-Pacific Partnership (TPP) is a serious mistake that will have lasting consequences for America’s economy and our strategic position in the Asia-Pacific region," McCain said in a statement.

[TTFX]

Moreover, higher revenue from tariffs (import taxes) makes us need less revenue from income taxes and allows us reduce them.

[discipler]

Would someone please tell mccain to shut his taco eating hole!

[central_va]

You are retarded. Wake up.

Answer this: If a country has an economy worth $77Billion/yr and you eliminate $4Billion/yr is that a Depression? Is it?

If you make $40,000/yr and I cut your salary $2,000/yr are you going to be destitute, impoverished? Use your common sense if you have any.

[TADSLOS]

President Trump makes it so much easier now to spotlight the globalists.

[central_va]

At the time of its enactment, exports were only about 5 percent of the economic output of the United States and still outweighed imports. (Even now, exports are a smaller part of output in the United States than in any other large developed nation.) To say that the (Smoot-Hawley)act, which applied to a distinct minority of imports and which raised tariffs generally by only about six percentage points, caused the Depression is almost comical.

[SamAdams76]

How many people are aware of Smoot-Hawley only because of this movie?

[avenir]

Great point. Everyone talks as if we have been at Constitutional mean and this or that deviation is anathema. We are MILES from that golden mean, layer after layer of coyly deliberate confusion having been added over time. Not sure how anyone can lead us back, but excited to see Trump attack the problem.

[Empireoftheatom48]

“If McCain is against it, you KNOW it’s the RIGHT thing to do.”
Winner winner Chicken Dinner!

[PeterPrinciple]

I don’t even know what you mean be “distributed corruption”.

---

Corruption does not go away. It merely moves. No law will solve the problem.

We used to have local justices pf the peace. Then the movies told us they were corrupt (think Boss Hogg)so the power had to go to states to solve the problem. Then the movies told us states were corrupt so power had to go to the federal government. Then we found out the federal government was corrupt.

It is a premise of conservatism to understand the nature of man.

The reality is do you want centralized corruption or distributed corruption. Think about the pros and cons...........