For the record, I’m am opposed to the Trans-Pacific Partnership. The results of NAFTA upon the American economy have taught me a lesson I wish I learned earlier. When NAFTA was first proposed, I was a supporter.
A couple of tidbits gathered from the economiccollapseblog.com/archives/America-1950 -vs-America-2012: 1950 corporate taxes accounted for thirty percent of all federal revenues. In 2012 that sunk to less than seven percent. Eighty percent plus of all men were employed; in 2012, that figure was less than sixty-five percent.
It seems clear that, along with raising corporate taxes to a more equitable level, we need to produce more goods.