When it comes to free trade agreements (FTAs) pending in Congress, Americans have learned not to get their hopes up.
President Barack Obama, with the help of some Republicans who take their orders from the U.S. Chamber of Commerce, is trying to pass a bill that will kill U.S. jobs, send more jobs overseas and make more Americans dependent on government handouts. That's the Frances Fox Piven strategy Obama learned at a Socialist Party conference in New York while he was attending Columbia University.
Leadership, said New Jersey Gov. Chris Christie in his press conference Tuesday announcing he would not reverse his decision not to run for president, is something you can't be taught or learn. "Leadership today in America has to be about doing the big things and being courageous."
China is manipulating the value of its currency. No doubt, it’s artificially low. Lower value makes Chinese goods cheaper than they would otherwise be. It also makes our goods more expensive to buy within China. The US can’t control that. By trying to, we will touch off a trade war at the very worst time. Currency manipulation might work for short periods of time, but it’s not a policy for long term growth.