Weekly Address: We Should Make Sure the Future Is Written by Us
Source: White House
In this weeks address, the President underscored the importance of continuing to grow our economy and support good-paying jobs for our workers by opening up new markets for American goods and services.
While Americas businesses, ranchers, and farmers are already exporting goods at record levels, theres more room for growth with 95 percent of the worlds customers living outside our borders. In order to pursue new trade agreements, the President called on Congress to pass trade promotion authority so that the U.S. -- not China -- can play a leading role in negotiating 21st century trade deals that protect our workers, support good wages, and help grow the middle class.
Read more: http://www.whitehouse.gov/briefing-room/weekly-address
President Obama begins sales pitch on trade to wary U.S. public
http://finance.yahoo.com/news/obama-begins-sales-pitch-trade-110000881.html;_ylt=AwrBEiGegOhUwSQAIW7QtDMD
President Barack Obama on Saturday began a broad sales pitch to the U.S. public about the merits of free trade deals, an area in which he faces stiff resistance from many in his own Democratic party.
Obama has said he wants to work with Congressional Republicans to finalize the Trans Pacific Partnership (TPP) trade pact, an agreement that would stretch from Japan to Chile, covering 40 percent of the world economy.
"I'm the first to admit that past trade deals haven't always lived up to the hype," Obama said in his weekly address. "But that doesn't mean we should close ourselves off from new opportunities."
(snip)
"As we speak, China is trying to write the rules for trade in the 21st century," Obama said. "We can't let that happen. We should write those rules."
BumRushDaShow
(129,042 posts)Listened this morning and this one I have to disagree with. China may be "writing rules" but their populace cannot afford the products they make. Shut off our market from them (via tariffs), and we will be "writing the rules" since we are one of the largest consumer nations in the world. The other people they are trading with are either from countries still demanding "austerity" (Europe) or only have perhaps 10% of their total populations who can afford to buy these products (the rest of the world).
jtuck004
(15,882 posts)cal04
(41,505 posts)you're very welcome.
freshwest
(53,661 posts)cal04
(41,505 posts)you're very welcome
Bluenorthwest
(45,319 posts)He's wanting to write a future that makes room for the execution by stoning of LGBT people by his beloved partners in Brunei. I'm not impressed.
jakeXT
(10,575 posts)Fred Sanders
(23,946 posts)candelista
(1,986 posts)Strictly speaking, it would permit unlimited labor immigration and outsourcing. Just another way of screwing all the gains won by the US working class in the past 100 years. Not a traditional Democratic Party position.
DeSwiss
(27,137 posts)Shit.
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