TPP: Obama's Folly
Category: POLITICS
The trade deals negotiated by the last three presidents have lowered U.S. wages, lost jobs and generated a chronic trade deficit. President Obama's main argument that exports have risen, without mentioning that imports have risen much faster, is now transparently deceitful to anyone who can add and subtract.
By Jeff Faux, ContributorJeff Faux, author of The Servant Economy, 2015-05-10