Trump Commerce pick signed pro-TPP letter, said jobs wouldn't come back from China

[riversedge]

Source: CNNMoney




by Andrew Kaczynski @CNNMoney December 2, 2016: 11:23 AM ET




Wilbur Ross, Donald Trump's pick to be Commerce secretary, signed a letter in support of the Trans-Pacific Partnership trade deal in 2015.



...........

The TPP letter was sent by the Partnership of New York to New York's congressional delegation and was signed by other notable businessmen like Lloyd Blankfein, the CEO of Goldman Sachs, and Rupert Murdoch of 21st Century Fox. The letter argued TPP would create jobs in the United States. The letter was first posted by the Huffington Post in May 2015, before Trump was running for president, noting that some billionaire Republican donors backed TPP.

"On behalf of the Partnership for New York City, whose members collectively employ 1.5 million New Yorkers, we urge you to support the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA) and allow negotiation of the Trans-Pacific Partnership (TPP) free trade agreement to move forward," the letter reads.
...............


"I think the China bashing is widely overdone in this country," Ross said on CNBC in 2012. "The reality is if something were to happen that cost China jobs -- like if they upwardly revalued the currency a lot -- those jobs aren't going to come back to the U.S. They would go to Vietnam, they would go to Thailand. They would go to whatever country was the lowest cost. So it's a fiction on both sides that those jobs will come back. The way we'll get more jobs is by creating new industries, new companies, businesses that are higher tech and therefore can compete." .......................................

Read more: http://money.cnn.com/2016/12/02/news/economy/kfile-wilbur-ross-tpp/index.html

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He is right to say that the jobs will not come back from China. His followers are going to feel betrayed soon.



Now he says: "Since then, Ross has emerged as a vocal critic of trade deals, saying as recently as Wednesday that the TPP was a "horrible deal."

[JHan]

1. **Crickets**

[exboyfil]

2. Well at least he will get the opportunity

to answer the question during his Confirmation Hearing.

[HughBeaumont]

3. "The way we'll get more jobs is by creating new industries, new companies, businesses"

OH Hmmmmm Kay, NAME THEM. NAME THESE INDUSTRIES NOW. We need time to train for them. We need time to transfer our skill set. We need gobs of money for the training; let's not be naïve and pretend it's not going to cost gobs of money.

By the way, can permanently unemployed people "SUPERSIZE THEIR SKILL SET HAW HAW HAW" when they have no income to contribute for training? How does capitalism continue when you have millions of people who y'all won't hire and won't give them a substantial social safety net to even survive? I have YET, YET to hear a coherent answer from a conservative as to how these problems get solved.

Sorry, unless you have a long term plan, yer just spewing Friedmanite Three Card Monte. I'm simply stunned that people are still BUYING this crap.

[bucolic_frolic]

4. Jobs won't return

was a mainstay of my posts last summer

And they would argue, some of them on DU, "Oh yes they will!"

Invade, seize the factories, pay the owners, move the machines,
pay higher US wages .... what does it buy you?

Rhetoric. Don is a gasbag.

[Friend or Foe]

5. "The way we'll get more jobs is by creating new industries, new companies,... "

I hear Soylent Green might be the wave of the future. Best start building those plants now, because the GOP's other policies are likely going to create a lot of new inventory.