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Ron Dobbs
Lives in Mobile Alabama
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As Prestowitz concludes: “The truth is that the TPP is mostly a solution looking for a problem. It is the knee jerk, orthodox reaction of an outdated foreign policy elite to a misperceived threat in a world they no longer understand, if they ever did. In truth, the agreement itself may well be more of a risk to than a defense of U.S. national security.”

America’s true security imperative is to rebuild our economy and our middle class here at home. Balancing our trade would help, since it is hard to run a full employment economy while carrying $500-billion-a-year trade deficits, the equivalent of Americans spending $500 billion a year abroad rather than at home. The lost demand is difficult to replace, particularly with Congress dominated by austerity hawks. But TPP will most likely add to our deficits, not decrease them. That’s why its advocates focus on the benefits of increasing exports without ever mentioning the costs of increased imports.

The president says this is a 21st century trade agreement, but there’s nothing new about this. The structure is the same, the assumptions the same, the arguments the same. It is hard to imagine why the results won’t be the same: more deficits, more jobs lost abroad, more pressure on wages at home.
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As Prestowitz concludes: “The truth is that the TPP is mostly a solution looking for a problem. It is the knee jerk, orthodox reaction of an outdated foreign policy elite to a misperceived threat in a world they no longer understand, if they ever did. In truth, the agreement itself may well be more of a risk to than a defense of U.S. national security.”

America’s true security imperative is to rebuild our economy and our middle class here at home. Balancing our trade would help, since it is hard to run a full employment economy while carrying $500-billion-a-year trade deficits, the equivalent of Americans spending $500 billion a year abroad rather than at home. The lost demand is difficult to replace, particularly with Congress dominated by austerity hawks. But TPP will most likely add to our deficits, not decrease them. That’s why its advocates focus on the benefits of increasing exports without ever mentioning the costs of increased imports.

The president says this is a 21st century trade agreement, but there’s nothing new about this. The structure is the same, the assumptions the same, the arguments the same. It is hard to imagine why the results won’t be the same: more deficits, more jobs lost abroad, more pressure on wages at home.
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54 years old. A quiet and easy going computer addict
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Mobile Alabama
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Ocean Springs - Atlanta Georgia
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