Trade agreement - Obama vs Ed Schultz

  • Posted by a hidden member.
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    Apr 24, 2015 1:37 PM GMT
    http://www.realclearpolitics.com/video/2015/04/23/msnbcs_ed_schultz_blows_up_on_obama_over_trade_deal_if_you_want_to_go_face_to_face_with_me_president_obama_im_ready.html

    I haven't been paying much attention to this issue. Where is the truth on this one?
  • tj85016

    Posts: 4123

    Apr 24, 2015 2:16 PM GMT
    Ed
  • Svnw688

    Posts: 3350

    Apr 24, 2015 2:24 PM GMT
    Mr. Schultz.

    Obama is wrong on this one.
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    Apr 24, 2015 2:30 PM GMT
    tj85016 saidEd


    Why?

    I'm not a fan of either one of these gentlemen so I don't know which side to buy. I have seen in the past that free trade agreement don't necessarily mean 'fair' trade.

    I've been wrapped up in estate stuff getting ready the family home ready for market and me moving into my new home so I'm out to lunch on this without an opinion, but still interested.
  • tj85016

    Posts: 4123

    Apr 24, 2015 3:10 PM GMT
    freedomisntfree said
    tj85016 saidEd


    Why?

    I'm not a fan of either one of these gentlemen so I don't know which side to buy. I have seen in the past that free trade agreement don't necessarily mean 'fair' trade.

    I've been wrapped up in estate stuff getting ready the family home ready for market and me moving into my new home so I'm out to lunch on this without an opinion, but still interested.


    look, all these "free trade" agreements (NAFTA, the Columbian deal, etc) just serve to even out the economic disparity between US citizens and some other country and give big corporations more leverage for sales efforts into certain countries

    so Merck sells some pill in Mexico for $1 that costs you $12 - that's bullshit. It's going to put downward pressure on US wages over time

    frankly, I could care less if some poor slob in Vietnam is making $0.65 an hour and doesn't have an iPhone

    all these deals are bad deals for US citizens, and that's who I care about - not some schmuck in Malaysia

  • Svnw688

    Posts: 3350

    Apr 24, 2015 3:17 PM GMT
    ^^^Correct.

    Ostensibly it offers us "cheaper products" in an ever increasingly connected world. However, it has the inadvertent effect of broadening the labor pool, driving down American wages, and eliminating U.S. jobs.

    If you could pay an American worker 13 dollars an hour or an Indonesian .40 cents per DAY, which would you choose?

    Of course, you have to add shipping costs, but those are stable and aren't as much as you'd imagine, which is why "outsourcing" the manufacturing of products is advantageous. Tariffs are supposed to equal the playing field, but we rarely see those, and when we do, they don't have 'teeth' to effect their aim.

    In short, it's a BAD DEAL for American workers, a WASH for American consumers, and a GOOD DEAL for corporate bottom lines and shareholders. Those three facts are indisputable. What is disputable is whether or not we should, from a normative sense, desire and implement such a deal. I vote not no, but hell no.
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    Apr 24, 2015 3:40 PM GMT
    tj85016 said
    freedomisntfree said
    tj85016 saidEd


    Why?

    I'm not a fan of either one of these gentlemen so I don't know which side to buy. I have seen in the past that free trade agreement don't necessarily mean 'fair' trade.

    I've been wrapped up in estate stuff getting ready the family home ready for market and me moving into my new home so I'm out to lunch on this without an opinion, but still interested.


    look, all these "free trade" agreements (NAFTA, the Columbian deal, etc) just serve to even out the economic disparity between US citizens and some other country and give big corporations more leverage for sales efforts into certain countries

    so Merck sells some pill in Mexico for $1 that costs you $12 - that's bullshit. It's going to put downward pressure on US wages over time

    frankly, I could care less if some poor slob in Vietnam is making $0.65 an hour and doesn't have an iPhone

    all these deals are bad deals for US citizens, and that's who I care about - not some schmuck in Malaysia



    Look, I am looking and agree that many/most of these trade agreement haven't worked to our benefit like they're supposed to.