|OPINION AND EDITORIAL|
|THE REALITIES OF "FREE TRADE" DEALS|
October 09, 2016
Interesting video on the inside page by Robert Reich explaining why economists love so called "free trade" deals and why most working class Americans have learned to despise them.
|IF YOU'RE A BABY BOOMER THERE'S A GOOD CHANCE YOU'RE HEADED STRAIGHT FOR POVERTY IN YOUR "GOLDEN YEARS"|
June 16, 2015
A 2013 article in Forbes said America is, "On the precipice of the greatest retirement crisis in the history of the world. In the decades to come, we will witness millions of elderly Americans, the Baby Boomers and others, slipping into poverty. Too frail to work, too poor to retire will become the “new normal” for many elderly Americans."
In fact, Edward Siedle who wrote that paragraph also penned in the same article, "That dire prediction, which I wrote two years ago, is already coming true. Our national demographics, coupled with indisputable glaringly insufficient retirement savings and human physiology, suggest that a catastrophic outcome for at least a significant percentage of our elderly population is inevitable."
Trade deals between countries are no longer about trade.
March 24, 2015
Opinion by Robert Reich
Suppose that by enacting a particular law we’d increase the U.S. Gross Domestic Product. But almost all that growth would go to the richest 1 percent. The rest of us could buy some products cheaper than before. But those gains would be offset by losses of jobs and wages.
This is pretty much what “free trade” has brought us over the last two decades.
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