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McCain: Trump's withdrawal from TPP a 'serious mistake'
The Hill ^ | 1/23/2016 | JORDAIN CARNEY

Posted on 01/23/2017 12:54:28 PM PST by 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.

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


TOPICS: Extended News; US: Arizona
KEYWORDS: 115th; donaldtrump; first100days; johnmccain; mccain; mcqueeg; mcstain; tpp; trade; trump; trump45
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To: sargon

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


121 posted on 01/23/2017 8:08:31 PM PST by TTFX
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To: SSS Two

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


122 posted on 01/23/2017 8:32:18 PM PST by discipler (How's that 'hope and change' working for 'ya? - RL)
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To: SSS Two
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.

123 posted on 01/24/2017 5:47:24 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: bkopto

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


124 posted on 01/24/2017 5:52:45 AM PST by TADSLOS (Reset Underway!)
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To: SSS Two
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.
125 posted on 01/24/2017 5:53:44 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: SSS Two
How many people are aware of Smoot-Hawley only because of this movie?


126 posted on 01/24/2017 6:47:38 AM PST by SamAdams76
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To: Conservative Gato

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.


127 posted on 01/24/2017 7:56:17 AM PST by avenir (I'm pessimistic about man, but I'm optimistic about GOD!)
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To: Diana in Wisconsin

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


128 posted on 01/24/2017 8:01:21 AM PST by Empireoftheatom48 (God did help the Republic, can we keep it.)
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To: SSS Two

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...........


129 posted on 01/24/2017 9:29:00 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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