Monday, June 22, 2015

There is no Crisis in U.S.Trade

Nobody on the conservative side can understand what is going on with the TPP (Trans-Pacific Partnership) trade bill. It is astounding (a) that the text of it is being kept more secret than a Clinton Foundation contribution and (b) that Congressional Republicans are pressing for fast track status to give the president a free hand in negotiations, presumably because of his demonstrated good faith on immigration, the Iranian Bomb, backing Israel, Affordable Care, and supporting the Muslim Brotherhood.

This legislation will see the light of day when it is passed, so what benefit is there to secrecy before it is passed? If it is to protect negotiating gambits, that is very minor compared to giving domestic constituencies the time and ability to evaluate it.

And there is a critical point here. There is no crisis in U.S. trade. The chart below shows this. It tells a very important story, so stick with me for a few minutes on it.


http://www.americanthinker.com/articles/2015/06/there_is_no_crisis_in_ustrade.html

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