I discussed the Trans-Pacific Partnership and what President Obama’s trip to Asia could mean for American workers on “The Sunday Show with Philip Maldari” Sunday morning, on KPFA-FM in Berkeley, Calif.
Listen to the full show here:
With me on the show was Tim Shorrock, a journalist raised in Japan and Korea who’s been writing about Asia and trade; and “War! What Is It Good For? Conflict and the Progress of Civilization from Primates to Robots,” with Ian Morris, Prof. of Classics and History, Stanford University.
Across the board now people are seeing what these trade deals have done to the country – more than 50,000 factories lost, millions of jobs gone, the ability to buy things marked “Made In America” all but obliterated. It is undeniable. I’ve previously written about the recent New York Times editorial on this, which indicates how even the elites are feeling it.
The trade deficit is the number to use to understand the damage done by these trade agreements, of which NAFTA is a symbol.
Imagine $500 billion of orders coming in to American businesses located inside America, in one year – that’s way more than the 2009 Recovery Act “stimulus” was. Then imagine that every year. That is what the current trade deficit represents
So now all the promises made about what these trade deals would bring us have fallen flat. All the propaganda can’t keep us from seeing what these trade deals have done to our economy and our middle class.