NAFTA of the Pacific?

trade justice

Trans-Pacific Free Trade Agreement – Out of the public eye, trade ministers and corporate lobbyists are pressing for a NAFTA-style deal that would encourage off-shoring of US jobs and drive down wages

The Saccharine Republican Ire

paper-scissors

Joseph Palermo: The “conservatives” and “Tea Partiers” are quite convincing at playing the aggrieved victims, but what, exactly, do they have to be “aggrieved” about?

Can Krugmanomics Be Saved?

krugman-2

Steven Hill: So according to Krugmanomics, taking on too much debt is not the problem – it’s not being able to pay the debt that is the problem. And Krugman’s solution, apparently, is to be able to depreciate your currency and/or default on your debts, leaving the creditors holding the bag.

The Vanishing American Consumer and the Coming Trade War

g-20 summit

Robert Reich: We’re unlikely to see a repeat of the disastrous Smoot-Hawley tariffs that worsened and lengthened the Great Depression. But you can forget trade-opening agreements. In Toronto last week, the G-20 leaders dropped their 2009 pledge to finish the Doha round this year. In the U.S., agreements with South Korea, Panama, and Columbia are languishing.

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