Revenge is a dish best served cold. Senator Bob Menendez just served an even bigger plate than he intended via an amendment to Obama’s Fast Track bill that thanks to some Republican help, didn’t get modified into mere symbolism. Ooops!
Read more...Hillary Clinton does not want to talk about past economic controversies.
Read more...Why outsourcing winds up producing cost creep over time.
Read more...How the Administration’s Fast Track authority would transfer more power to the President by limiting Congressional authority on “trade” bills.
Read more...The TransPacific Partnership is far from a done deal,. Delay in securing Congressional approval for Fast Track has high odds of throwing a fatal wrench in the overseas timing.
Read more...The assumption among policy elites that more European integration will heal the union’s ills may be misguided.
Read more...The real fight against Fast Track authorization will take place in the House. but the Senate sellouts should be made to feel the wrath of their constituents.
Read more...Why the investor state dispute settlement panels in the Trans-Pacific Partnership are a Trojan horse for enriching multinationals and gutting national sovereignity.
Read more...Dave here. This is a readable discussion of inequality between nations, but the conclusions suffer from the conceit that people – particularly people in poor countries – have universal freedom, wherewithal and mindset to pick and choose what country to which they want to emigrate. But other than that nitpick, worth a read. By Branko […]
Read more...By David Dayen, a lapsed blogger. Follow him on Twitter @ddayen. Because of the blinkered way we talk about the economy in this country, news that the trade deficit widened in March well above consensus expectations will undoubtedly be met by cries that we must create more free trade deals to counteract that. Of course, […]
Read more...Mankiw tells us in his most recent NYTimes column that economists agree that Free Trade is good. He links to a poll in which, essentially, mainstream economists of different persuasions, some Keynesian and some not, and different political views, some liberal and some conservative, say that trade agreements are good. He backs his argument by suggesting that theoretically the argument is at the heart of the economics profession since the beginning; I guess an argument of authority.
Read more...Weak demand in the Eurozone; inventory build-up in the U.S., and free money meant carriers added more and more ships. How does the movie end?
Read more...Obama’s bribe to Abe, of a more muscular Japanese military, has won him over but won’t play as well in Japan and will go down worse in China.
Read more...Yes, Virginia, the TPP is at least as bad as its critics say it is.
Read more...This post will serve to remind you: call your Representative (contact info here) and Senators (contact info here) today and tell them in no uncertain terms that you expect them to vote against Fast Track authority.
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