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Thread: Obama quest for fast-track trade bill defeated for now in House

  1. #81
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    Re: Obama quest for fast-track trade bill defeated for now in House

    Quote Originally Posted by Montecresto View Post
    What? You asserted that not accepting TPP was to be a caveman!!
    Nope. But you might like to interpret it that way.

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    Re: Obama quest for fast-track trade bill defeated for now in House

    Quote Originally Posted by AlbqOwl View Post
    If you interpret "hoping" and "chances are unclear' as the Republicans are about to do something,
    Nobody has interpreted anything as anything. Somebody working within elite Republican circles has said that the party's leaders are about to go with that very idea in a few days. We'll know on Tuesday whether I am right or not. However, what's available shows that Republicans in DC are more in favor of getting this passed than Republicans on this forum.

    that could explain your quoting Hillary Clinton's statement on the TPP three years ago as her point of view now. That is really reading a whole lot into something that wasn't actually said.
    You still don't understand how support for an issue works? I get it. If you repeatedly support something, and then give no indication of the contrary, it means... what? That you're neutral or that you oppose it? Get serious AlbqOwl.
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    Re: Obama quest for fast-track trade bill defeated for now in House

    Quote Originally Posted by Hatuey View Post
    Yes, I posted her words when they were relevant to her role in government. Not now that Bernie Sanders and everyone who is new to this thing has decided she needs to make a new soundbite.
    She's planning to make a new soundbite soon but she's still practicing her southern drawl. It doesn't come as easy as it used to...
    Trump Attacked A Syrian Airfield. Trump will be a one-term president.

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    Re: Obama quest for fast-track trade bill defeated for now in House

    Quote Originally Posted by reinoe View Post
    She's planning to make a new soundbite soon but she's still practicing her southern drawl. It doesn't come as easy as it used to...
    ... well... it's already started my friend:

    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Obama quest for fast-track trade bill defeated for now in House

    If you look at a trade in the simplest micro form, both sides benefit in a trade or neither party would make the trade. A person that buys a coke is happy, the seller of the coke is happy. Now multiply that by billions and billions of trades and there is great economic benefit to everyone. If say one job is los because of stiffer competition due to expansion of free trade policies not only does the consumer benefit with lower prices and/or higher quality, there will be other jobs gained because of the expansion of free trade where there is a net effect of much more jobs gained than lost. U.S. companies would have gained access to huge Asian markets with their products creating tons of jobs, and the jobs lost where Asian companies offer lower prices in the U.S. market will not only benefit consumers, but will have the effect of creating U.S. jobs because consumers will have more money in their pockets because of the cheaper prices so they can invest or buy more goods and services which create more jobs. With or without free trade agreements many jobs are leaving the U.S. because of high business taxes and excessive regulation. It is stupid imo to have high taxes on positive externalities like job creation, and have low taxes on negative externalities like earth polluting carbon. You have to raise government revenue somewhere, the smart thing is first raise as much of it as you can by taxing negative externalities.

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    Re: Obama quest for fast-track trade bill defeated for now in House

    Quote Originally Posted by Hatuey View Post
    Democrats didn't have the vote to pass it on their end. Why couldn't Republicans muster the necessary votes? Anyways, can you post evidence of this prospect? I mean something other than what some guy on the internet thought was going to happen.
    Repubs have never had a majority in their caucus for worker assistance.
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    Re: Obama quest for fast-track trade bill defeated for now in House

    Quote Originally Posted by laska View Post
    If you look at a trade in the simplest micro form, both sides benefit in a trade or neither party would make the trade. A person that buys a coke is happy, the seller of the coke is happy. Now multiply that by billions and billions of trades and there is great economic benefit to everyone. If say one job is los because of stiffer competition due to expansion of free trade policies not only does the consumer benefit with lower prices and/or higher quality, there will be other jobs gained because of the expansion of free trade where there is a net effect of much more jobs gained than lost. U.S. companies would have gained access to huge Asian markets with their products creating tons of jobs, and the jobs lost where Asian companies offer lower prices in the U.S. market will not only benefit consumers, but will have the effect of creating U.S. jobs because consumers will have more money in their pockets because of the cheaper prices so they can invest or buy more goods and services which create more jobs. With or without free trade agreements many jobs are leaving the U.S. because of high business taxes and excessive regulation. It is stupid imo to have high taxes on positive externalities like job creation, and have low taxes on negative externalities like earth polluting carbon. You have to raise government revenue somewhere, the smart thing is first raise as much of it as you can by taxing negative externalities.
    Looks like the TPP is paying people to post on forums now. It's not surprising I just want everyone to have a heads up.
    Trump Attacked A Syrian Airfield. Trump will be a one-term president.

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    Re: Obama quest for fast-track trade bill defeated for now in House

    Quote Originally Posted by Hatuey View Post
    Democrats didn't have the vote to pass it on their end. Why couldn't Republicans muster the necessary votes? Anyways, can you post evidence of this prospect? I mean something other than what some guy on the internet thought was going to happen.
    House Rejects Trade Bill as Democrats Spurn the White House

    In a remarkable blow to a president they have backed so resolutely, House Democrats voted to end assistance to workers displaced by global trade, a program their party created and has supported for four decades. That move effectively scuttled legislation granting the president trade promotion authority — the power to negotiate trade deals that cannot be amended or filibustered by Congress.
    “We want a better deal for America’s workers,” said Representative Nancy Pelosi of California, the House minority leader who has guided the president’s agenda for two terms and was personally lobbied by Mr. Obama until the last minute.
    The vote that prevented the president from obtaining trade promotional authority now imperils the more sweeping Trans-Pacific Partnership, a proposed trade agreement with 11 other nations along the Pacific Ocean that affects 40 percent of the global economy on goods ranging from running shoes to computers.
    “They have taken their own child hostage,” said Representative Charlie Dent, Republican of Pennsylvania, adding, “Does it hurt the president? Of course it hurts the president, but it hurts America more.”
    The Democratic revolt left Republican leaders trying to summon support from their own party for trade adjustment assistance, a program they have long derided as a waste of money and a concession to organized labor. Eighty-six Republicans voted for the program, more than double the 40 Democrats who supported it. But the trade adjustment assistance bill failed when 126 voted for it, and 303 against.
    Republican leaders then passed, in a 219-to-211 vote, a stand-alone bill that would grant the president the trade negotiating authority he sought. But that measure cannot go to the president for his signature, because the Senate version of the legislative package combined both trade adjustment and trade promotion.

    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    Re: Obama quest for fast-track trade bill defeated for now in House

    Quote Originally Posted by Jack Hays View Post
    Repubs have never had a majority in their caucus for worker assistance.
    Apparently neither did Democrats. Unless of course you're saying that Democrats have actively advocated for assistance to US workers displaced by global trade. I haven't seen that anywhere. I'm not sure why you're still trying to pin this on them. Were your expectations not met?
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Obama quest for fast-track trade bill defeated for now in House

    Quote Originally Posted by reinoe View Post
    Looks like the TPP is paying people to post on forums now. It's not surprising I just want everyone to have a heads up.
    I wish I was getting paid.

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