This move is sure to help "spread the wealth around" on a Global Scale;
Max Baucus - Wikipedia, the free encyclopedia
What should we do with Stephen Enke? | History of Economics Playground
- See more at: Transatlantic Free Trade Agreement: Job Claims Are Pure Baloney | Economic Policy InstituteU.S. trade with Mexico after the North American Free Trade Agreement (NAFTA) has cost the United States nearly 700,000 jobs through 2010. U.S. trade with China has certainly failed to deliver on the promised benefits of growing exports. Since that country entered the World Trade Organization (WTO) in 2001, the U.S. has lost 2.7 million jobs through 2011 due to growing trade deficits with China. And the Korea-U.S. Free Trade Agreement (KORUS) has also resulted in growing trade deficits with that country and the loss of more than 40,000 U.S. jobs. Most of the trade-related job losses are concentrated in manufacturing, and growing trade deficits are responsible for a large share of the decline in U.S. manufacturing employment over the past fifteen years.
Using estimates of changes in two-way trade between the U.S. and the EU under the agreement reveals that TTIP is projected to result in a growing U.S. trade deficit with the EU and the loss of at least 71,000 additional U.S. jobs. Senator Baucus, citing advice from Benjamin Franklin, advises the U.S. to “jump quickly at opportunities.”
Max Baucus - Wikipedia, the free encyclopedia
A member of the Democratic Party, Baucus was appointed to serve as Ambassador to China by President Barack Obama, succeeding Gary Lock
On August 9, 2011, Senate Majority Leader Harry Reid appointed Baucus to the United States Congress Joint Select Committee on Deficit Reduction.
Israel
Baucus was one of the Senate's largest career recipients of pro-Israel Political Action Committee (PAC) contributions, receiving $550,589 since 1989.[34]
After finishing law school, Baucus spent three years as a lawyer at the Securities and Exchange Commission in Washington, D.C.
Baucus was born Max Sieben Enke in Helena, Montana, the son of Jean Baucus (née Sheriff), from a wealthy ranching family, and Stephen Enke, Ph.D., a demographer and economist.
What should we do with Stephen Enke? | History of Economics Playground
Enke is recorded as one of the most prolific writers in top journal in economics around the 1940s, specializing in innocuous topics such as monopolistic competition (Chamberlin was in his PhD committee at Harvard) and international trade.
But around late 1940s, he started writing on subjects with a more charged and dubious moral dimension. One of the first economists hired by the RAND Coporation, he founded the Logistics Department there in 1953. In his researches at Rand, he had no scruple pondering questions of life and death for millions of people in terms of financial cost and benefits. He was far from being alone, would you immediately reply. I know, but Enke has pushed the cost-benefit logic several steps beyond.
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