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If Bill Clinton now recognizes that both policies were political mistakes which have had lasting negative consequences for the middle class, why would Hillary not "correct" this error?
Hillary will no doubt be touting the "successes" of her husband as partially her own. Should she not "own" his mistakes as well, or not try to reverse those that have been most devastating?
She wouldn't, nor would any intelligent politician. Free Trade has led us to an era where 1/7th of all US mfg jobs are for exported product.
We need to stop wishing sock and toy mfg were large US industries again. We need to increase our median skill sets, so as not to need 19th century jobs in the 21st century.
She wouldn't, nor would any intelligent politician. Free Trade has led us to an era where 1/7th of all US mfg jobs are for exported product.
We need to stop wishing sock and toy mfg were large US industries again. We need to increase our median skill sets, so as not to need 19th century jobs in the 21st century.
How about steel, household durable goods, autos, electronics and computers?
We have transferred the manufacture even of many strategic componants to elements overseas. Would not a rational person strive to restore manufacturing in these segments?
How about steel, household durable goods, autos, electronics and computers?
We still make steel (Nucor and its subsidiaries are a $19 billion US based corp). We still make many appliances (Old Electrolux plant is 30 miles from me..huge employer) . We still make the vast majority of the autos sold in the USA.
The lasting "stain" (so to speak) of the Clinton administration was not his predatory sexual behavior, but the disasterous policies of NAFTA and China most favored nation trade status. Today, even Clinton himself has admitted that both of these policies have had severe negative "unintended" consequences on our manufacturing sector and the middle class.
Would Hillary (given that she is "for" the middle class and poor), reverse NAFTA and China most favored nation trade status and correct the error of her husband? Would she limit the power of the bankers and the Federal Reserve over our economy? Would she demand term limits and limit the ability of lobbyists and PACs to control our elected officials?
China already joined WTO years ago. The most favored nation does not matter any more.
The members of the World Trade Organization (WTO) agree to accord MFN status to each other. Exceptions allow for preferential treatment of developing countries, regional free trade areas and customs unions.[2] Together with the principle of national treatment, MFN is one of the cornerstones of WTO trade law.
NADFTA is going no where just like Obamcare. Parts can be changed but like EU its not going away. World economy is the norma how in successful e nations and not unusual anywhere except in nations now needing reform because of failing to.
If Bill Clinton now recognizes that both policies were political mistakes which have had lasting negative consequences for the middle class, why would Hillary not "correct" this error?
Political mistakes are not necessarily mistakes at all.
The primary reason the US became the world's leading economic power is because for most of two centuries it was also the world's largest free trade zone. Trade is not a zero sum game. It multiplies the economic capabilities of both sides of the trading equation.
Anybody who tries to "correct" NAFTA is committing economic hara kiri.
The lasting "stain" (so to speak) of the Clinton administration was not his predatory sexual behavior, but the disasterous policies of NAFTA and China most favored nation trade status. Today, even Clinton himself has admitted that both of these policies have had severe negative "unintended" consequences on our manufacturing sector and the middle class.
Would Hillary (given that she is "for" the middle class and poor), reverse NAFTA and China most favored nation trade status and correct the error of her husband? Would she limit the power of the bankers and the Federal Reserve over our economy? Would she demand term limits and limit the ability of lobbyists and PACs to control our elected officials?
PRIVATELY Hillary was very much opposed to NAFTA and Bill signing off on it and she let him know it. She told him it was the wrong thing to do and it would do more harm than good. Publicly she, like every good politician's wife, supported it. How would it look if she didn't publicly support it? No different than her "standing by her man" knowing that he was sleeping around. It's the same as Bill supporting Obama. We all know that behind the scenes Bill disliked Obama from the very beginning and continues to dislike him to this day and probably will for a very long time.
Spouse/party loyalty.
So, yes, I do think she will try to reverse or amend NAFTA so that the US does see some sort of benefit from it, especially since Bill acknowledge it was a mistake. If it could have been reversed or amended and it is clear that it did serious damage and wasn't good for America, I wonder why Obama never considered doing something about it.
yes the globalist liberal bush is the one who negotiated the deal
Exactly.
Quote:
and globalist liberal Clinton was to one who ensured it got passed and signed...
Yes, he signed it into law in US, since Bush had been voted out of the office by the signing date. Bush signed the actual ageement with the Mexicans and Canadians. The truth is that any president from either party would have signed it. I showed you who supported it in Congress, - mostly republicans and a good number of democrats. Before Bush negociated the deal, Reagan campaigned for it, and after Bush, Clinton campaigned for it. They all pushed for it, and whoever thinks Hillary would try to repeal it is dreaming.
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