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Shut Up & Blog
December 16, 2013 10:06 AM
Trading places...U.S. once dominant, now...?
Posted by Staff

Finally, people are starting to talk about trade policy that works for us, not against us. Here's a really good piece in the Weekly Standard:

"Trade policy has winners and losers. If the president can push his trade agenda through Congress, owners of IP (his rich Hollywood backers), and sellers of financial services (the bankers Obama despises except when fund-raising in New York) will be big winners, and middle class workers competing with foreign and state-supported manufacturing enterprises the losers. That would further exacerbate the income-inequality Obama is pledged to ameliorate, but that’s a story for another day."

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