AdvancingTime
Senior Member
- Feb 8, 2015
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It seems Democrats are on a collision course with the White House as the party’s newly emboldened liberal wing digs in its heels over global free trade deals it claims will drag down US wages and working conditions. Many people see the global economy as currently being run as an ill-regulated business model tilted to favor big business. The benefit to the public is again the promise it will create new jobs, we should expect that will turn out to be largely a myth.
While free trade is important, fair trade is far more so and should trump it as an issue. Developing a long-term sustainable economic system that is balanced would contribute to both global cohesion and the world economy. It is logical that no country can endure a trade deficit year after year. Nationalistic exploitation of trade agreements has occurred throughout history and it is naive to think such schemes will suddenly end. The article below delves deeper into the issues of these agreements.
http://brucewilds.blogspot.com/2015/05/fair-trade-trumps-free-trade.html
While free trade is important, fair trade is far more so and should trump it as an issue. Developing a long-term sustainable economic system that is balanced would contribute to both global cohesion and the world economy. It is logical that no country can endure a trade deficit year after year. Nationalistic exploitation of trade agreements has occurred throughout history and it is naive to think such schemes will suddenly end. The article below delves deeper into the issues of these agreements.
http://brucewilds.blogspot.com/2015/05/fair-trade-trumps-free-trade.html