Trans-Pacific Free Trade: Freely Trading American Jobs for Chinese Crap

Joseph Warren, Editor

http://TheIndependentDaily.com

“Vietnam to be among the biggest winners...”

What? Again? - Ed.

Designed to benefit large corporations the above agreement has been signed by Obama and is pending ratification by other involved countries. We here, and many others have warned that this is not a step in the right direction, and will likely result in the liquidation of jobs, on a wholesale basis, in America resulting in the further erosion of employment in meaningful economic activity - Manufacturing.

Currently less than 62% of our qualified workforce are employed, the remainder being on some form of disability, unemployment, or part of the vastly growing underground economy trying to eek out a living pursuing some form of Third World activity. In the last Jobs report we experienced a jobs gain of about 150,000. That, in itself is too low in a country that must add millions of jobs in order to restore Housing and Service employment to a sustainable level.

Now comes Trans-Pacific: In November 2016 we need to vote-in leadership who will walk away from this catastrophe and return America to a self-sustaining basis. Most of those in the current line-up are not that person. Who is? While I hate to group the two together since they are so diametrically opposite in all other ways, only Trump and Bernie Sanders have a grasp of what needs to be done, insofar as America’s beleaguered economy is concerned.

Here’s how the group responsible for this agreement summarize things for Vietnam:

“Vietnam to be among the biggest winners, according to the Eurasia Group, with the agreement potentially boosting GDP by 11 percent by 2025, with exports growing 28 percent in the period as companies move factories to the low-wage country, the report said.

“Reduced import duties in the U.S. and Japan will benefit (the) country’s apparel manufacturers, whose low labor costs have enabled them to grab business from China...”

Make an effort to pay attention, please. If not for yourself, at least do so for the future of America.