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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (1047634)	1/11/2018 8:29:28 AM
From: RetiredNow	Read Replies (2) \| Respond to of 1571813

Obama was looking forward, yes, but towards a vision he had of a world government where individual countries cede their sovereignty and their own interests to giant bodies where one size fits all measures are enacted. TPP was exactly that kind of trade deal. In business, those deals are very costly and inefficient and they certainly do not maximize the benefits for the parties involved. That's why businesses do not like to sign up to those things. This is where I part ways with liberals on economics. Liberals believe in centralization and collectivism. However, those concepts prove to be very inefficient and growth stunting when it comes to economics. Decentralization and empowerment are far more effective when it comes to ensuring business success, economic growth, and ultimately individual freedoms. As far as Trump, he's looking ahead to his own vision, just as Obama was to his own. Trump's vision is flawed, but on economic issues, he's far more savvy than Obama was. He understands business far better. Already, he's doing many things that will benefit businesses, which will benefit our economy and labor. I don't agree with Trump on many things, but he is doing some good things for our economy. Under Obama, we had tepid, lackluster growth, and fake prosperity where the vast majority of jobs created were part time jobs without benefits. In addition, the middle class was destroyed under Obama. It wasn't all his fault, though. I'd place the majority of the fault on the Fed and Congress, but Obama didn't do much to help. If he'd succeeded in getting the TPP signed, then that would have been the single biggest catastrophe in US history, even surpassing his disastrous Obamacare plan. It would have guaranteed the long term impoverishment of the US.