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Sorry, CNN, We're Not Going to Stop Talking About the Russian Collusion Hoax "No Autopsy Can Restore the Democratic Party’s Viability" RIP Ozzy "Trump floats 'restriction' for Commanders if they fail to ditch nickname in favor of Redskins return" "Virginia Governor’s Race Heats Up As Republican Winsome Sears Does a Hard Reboot of Her Campaign" "We Hate Communism!!" "Mamdani and the Democratic Schism" "The 2nd Impeachment: Trump’s Popularity Still Scares Them to Death" "President Badass" "Jasmine Crockett's Train Wreck Interview Was a Disaster" "How Israel Used Spies, Smuggled Drones and AI to Stun and Hobble Iran" There hasn’T been ... a single updaTe To This siTe --- since I joined. "This Is Not What Authoritarianism Looks Like" America Erupts… ICE Raids Takeover The Streets AC/DC- Riff Raff + Go Down [VH1 Uncut, July 5, 1996] Why is Peter Schiff calling Bitcoin a ‘giant cult’ and how does this impact market sentiment? 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Did the Israelites Really Cross the Red Sea? Stunning Evidence of the Location of Red Sea Crossing! Are we experiencing a Triumph of Orthodoxy? Judge Napolitano with Konstantin Malofeev (Moscow, Russia) "Trump Administration Cancels Most USAID Programs, Folds Others into State Department" Introducing Manus: The General AI Agent "Chinese Spies in Our Military? Straight to Jail" Any suggestion that the USA and NATO are "Helping" or have ever helped Ukraine needs to be shot down instantly Status: Not Logged In; Sign In United States News See other United States News Articles Title: Trump threatens to 'break' trade pact with Mexico, Canada Source: [None] URL Source: http://thehill.com/blogs/ballot-box ... -trade-pact-with-mexico-canada Published: Sep 26, 2015 Author: Meghashyam Mali Post Date: 2015-09-26 10:59:20 by A K A Stone Keywords: None Views: 4389 Comments: 43 Donald Trump is calling the North American Free Trade Agreement (NAFTA) a "disaster" and vowing to renegotiate or break the deal if elected president. "It's a disaster," Trump told CBS's Scott Pelley in an interview airing Sunday on "60 Minutes." "We will either renegotiate it or we will break it because you know every agreement has an end. "Every agreement has to be fair. Every agreement has a defraud claim. We're being defrauded by all these countries," Trump continued. Pressed on whether he supports free trade, Trump responded, "We need fair trade, not free trade. We need fair trade it's got to be fair." Trump has blasted trade policies, accusing leaders of allowing China and Mexico to steal U.S. jobs and hurt American workers. The GOP front-runner also opposed granting President Obama fast-track trade powers. Poster Comment: People who support NAFTA are sell outs to America. They just want cheap goods at the expense of the American workers. Screw them. I hope Trump has all the people who voted for NAFTA put on trial for treason. Traitorous assholes. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 40. #7. To: A K A Stone (#0) Trump once again proved he's an illiterate when it comes to trade policy . US exports have risen for 5 consecutive years, reaching a record $2.35 Trillion in 2014. Most of our exports go to Canada and Mexico (the third larges consumer of US exports is China) . https://www.commerce.gov/news/press-releases/2015/02/us-exports-hit-new-annual- record-reaching-235-trillion-2014 http://trade.gov/press/publications/newsletters/ita_0706/nafta_0706.asp tomder55  posted on  2015-09-26   14:15:50 ET  Reply   Untrace   Trace   Private Reply   #11. To: tomder55, A K A Stone (#7) Trump once again proved he's an illiterate when it comes to trade policy . US exports have risen for 5 consecutive years, reaching a record $2.35 Trillion in 2014. Most of our exports go to Canada and Mexico (the third larges consumer of US exports is China) . https://www.commerce.gov/news/press-releases/2015/02/us-exports-hit-new-annual- record-reaching-235-trillion-2014 I suspect that Donald Trump, and Ross Perot before him, have a point about the massive debt and deficits. The second link goes to a report from 2006, as the link itself indicates. http://trade.gov/press/publications/newsletters/ita_0706/nafta_0706.asp Here is the press release the first link went to: https://www.commerce.gov/news/press-releases/2015/02/us-exports-hit-new-annual-record-reaching-235-trillion-2014 FOR IMMEDIATE RELEASE Thursday, February 5, 2015 Office of Public Affairs 202-482-4883 publicaffairs@doc.gov U.S. Secretary of Commerce Penny Pritzker today announced that U.S. exports in 2014 set a record for the fifth consecutive year, reaching $2.35 trillion. International Trade in U.S. Goods and Services data released today by the U.S. Department of Commerce show that U.S. exports are up more than $760 billion since 2009. “Exports have played a critical role in America’s economic comeback, and they continued to do so in 2014,” said Secretary Pritzker. “President Obama has set an ambitious trade agenda that will open up more markets to ‘Made in America’ goods and services, allowing our businesses to sell their products all over the world so they can expand and hire here at home. “Central to that task is the passage of trade promotion legislation and the enactment of strong trade agreements that uphold our values. These agreements are essential to the continued growth of our economy, the creation of good American jobs, the economic security of our families, as well as our nation’s competitiveness and national security.” U.S. Goods Exports U.S. goods exports increased 2.7 percent to a record $1.64 trillion in 2014. Key industry sectors setting records included capital goods; consumer goods; petroleum products; foods, feeds, and beverages; and automotive vehicles and parts. In 2014, the largest export markets for U.S. goods were Canada, Mexico, and China, with exports to each country registering annual records. U.S. Services Exports Annual services exports hit an all-time high of $710.3 billion, led by increases in the travel, transport, charges for the use of intellectual property, and financial services sectors. Exports from these sectors were all record highs in 2014. The trade surplus in services exports reached a record $231.8 billion, an increase of 2.9 percent from 2013. U.S. Free Trade Agreement Partners Goods exports to the 20 economies that have trade agreements with the United States reached a record $765.1 billion – an increase of 4.3 percent from 2013. Increased U.S. exports to Colombia (up 10.5 percent), South Korea (up 6.8 percent), and the CAFTA-DR partners (up 5.7 percent) highlight the benefits of trade agreements. U.S. exports in 2013 supported 11.3 million jobs, an increase of 1.6 million export-supported jobs since 2009. Recognizing that 95 percent of consumers live outside our borders, the Obama Administration is taking concrete steps to make it easier for U.S. companies to begin exporting or expand international sales. In May 2014, Secretary Pritzker launched the second phase of President Obama’s National Export Initiative –NEI/NEXT. Through NEI/NEXT, 20 federal agencies are advancing program and policy improvements to provide exporters more tailored assistance and information; streamline export reporting requirements; expand access to export financing; ensure market access and a level playing field; and partner at the state and local level to support export and foreign direct investment attraction strategies. These efforts will enable more U.S. businesses to capitalize on existing and potential opportunities created by free trade agreements and the U.S. trade agenda. That is almost like a press release of the 1930s bragging exports are up since Wall Street people stopped jumping off buildings. It sort of neglects the increased debt and the huge trade deficits. http://www.treasurydirect.gov/NP/debt/search?startMonth=01&startDay=01&startYear=2010&endMonth=12&endDay=31&endYear=2014 12/31/2009 - 12,311,349,677,512.03 12/31/2014 - 18,141,444,135,563.30 From the end of 2009 to the end of 2014, the federal debt went up by almost 6 TRILLION dollars. That number is very measurable to the penny and not readily fudged or misrepresented like administration statistics. For imports and exports in 2013 we had a goods trade deficit of almost $700 BILLION. https://www.uschamber.com/above-the-fold/2013-the-year-trade 2013: The Year in Trade John G. Murphy Senior Vice President for International Policy The Department of Commerce today released the official U.S. trade statistics for 2013. Seizing the benefits of international trade and investment is a top priority for the U.S. Chamber, so it's worth taking a moment to see what the numbers tell us: Record Exports and Imports: U.S. exports and imports set new records in 2013. For 2013, exports reached $2,272 billion and imports $2,744 billion. For goods, exports were $1,590 billion and imports were $2,294 billion. For services, exports were $682 billion and imports were $450 billion. Slower Growth for Exports: Since the depths of the recession, U.S. exports of goods and services have risen by 16.6% in 2010, 14.5% in 2011, 4.4% in 2012, and 2.8% in 2013. Slower economic growth abroad over the past two years has led to restrained growth in U.S. exports. Continuing slow growth in many key markets means this trend is likely to continue in 2014. FTAs Make Big Markets: America's 20 free-trade agreement (FTA) partners purchased nearly half (46.4%) of U.S. goods exports in 2013. This is a remarkable performance given that these countries represent just 10% of global GDP outside the United States. On a per capita basis, these countries purchase 12 times as many U.S. goods and services as non-FTA countries. Deficit Shrinks...: The goods and services deficit was $472 billion in 2013, down from $540 billion in 2012. As a percentage of GDP, the goods and services deficit fell to 2.8% of GDP in 2013, down from 3.3% in 2012 and 5.7% in 2006. The goods deficit fell by $38 billion from the year before. The U.S. surplus in services grew significantly (see below). [...] nolu chan  posted on  2015-09-26   15:07:13 ET  Reply   Untrace   Trace   Private Reply   #40. To: nolu chan (#11) Trump once again proved he's an illiterate when it comes to trade policy . US exports have risen for 5 consecutive years, reaching a record $2.35 Trillion in 2014. It could be re-phrased as: Trump once again proved he's an illiterate when it comes to fiscal policy . US revenues have risen for 5 consecutive years, reaching a record $3.02 Trillion in 2014. Pay no attention to that man behind the curtain, "Outlays." nativist nationalist  posted on  2015-09-28   11:07:46 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 40. #43. To: nativist nationalist (#40) Pay no attention to that man behind the curtain, "Outlays." Case in point: "In Florida, for eight years we cut taxes every year, totaling $19 billion, creating a much better business climate" —Jeb Bush, June 2, 2015. One might think that spending must have gone down. But wait, this is government accounting. If we spent $1B on widgets last year, and someone proposes spending $10B on widgets this year, and the legislature compromises to spend only $5B this year, in government-speak, raising spending from $1B to $5B is a $5B cut (from a proposed $10B). https://americanbridgepac.org/right-to-exaggerate/ Spending Went Up Under Bush’s Leadership CATO: Bush “Let Spending Rise Quickly Toward The End Of His Tenure” And “Jeb Was Good On Taxes, But Apparently Not So Good On Spending.” According to the CATO Institute, “The basic story from the Cato reports is that Jeb Bush was a prolific tax cutter, but he let spending rise quickly toward the end of his tenure. Like George W. Bush, Jeb was good on taxes, but apparently not so good on spending. Jeb Bush was in office from 1999 to 2007. Florida general fund spending increased from $18.0 billion to $28.2 billion during those eight years, or 57 percent. Total state spending increased from $45.6 billion to $66.1 billion, or 45 percent. (This is NASBO data from here and here). Over those eight years, Florida’s population grew 16 percent and the CPI, which measures inflation, grew 24 percent.” [CATO Institute, 4/9/14] 1999-2007: Florida General Fund Spending Rose From $18 Billion To $28 Billion. [National Association Of State Budget Officers, 1999-2007] 1999-2007: Total Florida Spending Rose From $45 billion to $66 billion [National Association Of State Budget Officers, 1999-2007] nolu chan  posted on  2015-09-28 18:40:47 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 40. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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