Post by nvsked1 on Nov 7, 2010 9:49:06 GMT -5
I've been reading about the out rage for Obama traveling to India, and I think the out rage is mis- placed. We complain about the wrong things....
finance.yahoo.com/tech-ticker/19-iconic-products-that-america-doesn%27t-make-anymore-535569.html?tickers=f,ge,mat,DELL,MOT,aapl,bni
I made a post about the up coming trade deals,
www.nationalaglawcenter.org/assets/crs/RL31932.pdf
Trade Agreements: Impact on the U.S.
Economy
James K. Jackson
Specialist in International Trade and Finance
March 11, 2010
Summary
The United States is in the process of considering a number of trade agreements, including the recently announced Trans-Pacific Partnership Trade Agreement (TPP). The Congress also may address the issue of trade promotion authority (TPA), which expired on July 1, 2007.
The various trade agreements range from bilateral trade agreements with countries that account for meager shares of U.S. trade to multilateral negotiations that could affect large numbers of U.S. workers and businesses. During this process, Congress likely will be presented with an array of data estimating the impact of trade agreements on the economy, or on a particular segment of the economy.
Background
Congress plays a direct role in formulating and implementing U.S. international trade policies. During the 108th, 109th, and 110th Congresses, this role gained increased importance as the United States negotiated an unprecedented number of trade agreements. The 111th Congress may also address the issue of trade promotion authority (TPA), which expired on July 1, 2007.
The effects on the economy from liberalizing trade on a bilateral basis through the proposed bilateral free trade arrangements will yield especially minor gains for the U.S. economy as a whole.
Congress may choose to reject any trade agreement in favor of maintaining the status quo, or it may choose to circumvent the arduous task of negotiating multilateral trade agreements and unilaterally remove all barriers to U.S. trade. While unilaterally removing all trade barriers would please economic purists, it is unlikely given the issues it would raise and the prospects that it would leave U.S. negotiators with few bargaining chips during trade negotiations. Such an action likely would engender a public backlash, particularly from those labor and trade groups that would be most directly affected by such a policy.
Read more: scottrlap.proboards.com/index.cgi?action=userrecentposts&user=nvsked1#ixzz14bjevgVG
I think the outrage about Obama's trip is misplaced, rather than worrying about the transportation cost, worry about the cost to our children.... It's a shell game, slight of hand, Plato...reflections on the wall
finance.yahoo.com/tech-ticker/19-iconic-products-that-america-doesn%27t-make-anymore-535569.html?tickers=f,ge,mat,DELL,MOT,aapl,bni
I made a post about the up coming trade deals,
www.nationalaglawcenter.org/assets/crs/RL31932.pdf
Trade Agreements: Impact on the U.S.
Economy
James K. Jackson
Specialist in International Trade and Finance
March 11, 2010
Summary
The United States is in the process of considering a number of trade agreements, including the recently announced Trans-Pacific Partnership Trade Agreement (TPP). The Congress also may address the issue of trade promotion authority (TPA), which expired on July 1, 2007.
The various trade agreements range from bilateral trade agreements with countries that account for meager shares of U.S. trade to multilateral negotiations that could affect large numbers of U.S. workers and businesses. During this process, Congress likely will be presented with an array of data estimating the impact of trade agreements on the economy, or on a particular segment of the economy.
Background
Congress plays a direct role in formulating and implementing U.S. international trade policies. During the 108th, 109th, and 110th Congresses, this role gained increased importance as the United States negotiated an unprecedented number of trade agreements. The 111th Congress may also address the issue of trade promotion authority (TPA), which expired on July 1, 2007.
The effects on the economy from liberalizing trade on a bilateral basis through the proposed bilateral free trade arrangements will yield especially minor gains for the U.S. economy as a whole.
Congress may choose to reject any trade agreement in favor of maintaining the status quo, or it may choose to circumvent the arduous task of negotiating multilateral trade agreements and unilaterally remove all barriers to U.S. trade. While unilaterally removing all trade barriers would please economic purists, it is unlikely given the issues it would raise and the prospects that it would leave U.S. negotiators with few bargaining chips during trade negotiations. Such an action likely would engender a public backlash, particularly from those labor and trade groups that would be most directly affected by such a policy.
Read more: scottrlap.proboards.com/index.cgi?action=userrecentposts&user=nvsked1#ixzz14bjevgVG
I think the outrage about Obama's trip is misplaced, rather than worrying about the transportation cost, worry about the cost to our children.... It's a shell game, slight of hand, Plato...reflections on the wall
