Thursday, January 12, 2017

The Reason Clinton Lost the Election - Trade Policy

It wasn't due to 'Russian Hackers.' Trumps narrow victory in the electoral college, and yes it was a narrow margin of victory despite what Trumpbots may believe to the contrary, hinged on a few rust belt states without which he wouldn't have won. If he had lost Michigan, Wisconsin, and Ohio alone he would have only received 262 electoral votes. Had he also lost in Pennsylvania, he would have dropped to 242 in the electoral college. It was Obama's support for the Trans Pacific Partnership and Hillary's silence on the matter, and probably private support, that cost her a likely sweep of these traditionally blue states in presidential elections. Even the Soros funded 'fact-checker' Snopes acknowledges that Clinton had voiced public support for TTP several times during her tenure as Secretary of State and only attempted to distance herself when the campaign year came around.
Despite her current opposition to the agreement and her attempts during more than one presidential debate to recast her previous support of it as "hopeful," the record shows that Clinton spoke glowingly of the TPP on more than one occasion, not least when she praised it in 2012 as setting "the gold standard in trade agreements."
"We want to realize the benefits from greater economic integration. In order to do that, we have to be willing to play. To this end, we are working to ratify a free trade agreement with South Korea, we’re pursuing a regional agreement with the nations of the Trans-Pacific Partnership, and we know that that will help create new jobs and opportunities here at home."
"The United States is also making important progress on the Trans-Pacific Partnership, which will bring together nine APEC economies in a cutting-edge, next generation trade deal, one that aims to eliminate all trade tariffs by 2015 while improving supply change, saving energy, enhancing business practices both through information technology and green technologies."
"This TPP sets the gold standard in trade agreements to open free, transparent, fair trade, the kind of environment that has the rule of law and a level playing field. And when negotiated, this agreement will cover 40 percent of the world's total trade and build in strong protections for workers and the environment."
Trump, on the other hand, was very outspoken against the TTP from the beginning of his campaign and took a strong stance against it and previous trade agreements like NAFTA, unlike Clinton, who beat around the bush when the topic of trade policy was brought up.

Since the Trans Pacific Partnership was negotiated in secret, the only source for it contents came from Wikileaks. So the Mccarthycrats are correct when they say Wikileaks cost Clinton the election, but not in the way they think it did.

It is important to note that the purpose of these so called 'free-trade' agreements is not to break down international market barriers, but to consolidate corporate power on a global scale and consequently dismantle democratic institutions. Had their purpose been to simply reduce or remove duties and tariffs on imports from member nations the agreement would not have been thousands of pages long and kept hidden from the public. Had TTP been ratified, it would have given multinationals the power to sue national governments, in international tribunals, for any regulations that even slightly cut into their profit margins, essentially eroding national sovereignty. It would have allowed pharmaceutical companies to use ever-greening to artificially inflate drug prices, and it would have criminalized investigative journalism that exposes industry abuses with vague trade secret rules. Don't get me wrong, I am pro-free trade; I'm just against all of the other provisions included in these so called free trade agreements. Its like mixing 80% spring water with 20% raw sewage. In general though, free trade would only raise wages and the standard of living if it was coupled with a land value tax; otherwise, rising rents will reduce wages and inflate housing costs. Even though it would lead to economic growth, most of the new wealth would just accumulate at the top.

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