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PHILADELPHIA – President Obama on Thursday asked wary House Democrats to hold their fire, while the administration negotiates several trade deals opposed by scores of liberal lawmakers.
Keep your powder a little dry,” he told the Democrats assembled here for an annual retreat, according to a source in the closed-door session.
"Get informed," Obama also advised, "not by reading The Huffington Post."
Top House Democrats, including Minority Leader Nancy Pelosi (D-Calif.), have drawn an additional line in the sand, saying they won't support any new trade deal before the administration can demonstrate that the result will be higher wages for American workers.
originally posted by: butcherguy
Obama says, "Keep your powder a little dry".
He definitely isn't a gun person.
originally posted by: [post=18943384]neo96
Anyone with half a brain knows you simply can not COMPETE on a global scale with high wages.
This is why China has grown in to such a giant these days.
Top House Democrats, including Minority Leader Nancy Pelosi (D-Calif.), have drawn an additional line in the sand, saying they won't support any new trade deal before the administration can demonstrate that the result will be higher wages for American workers.
Who stands to make the most from these trade deals?
But not much was heard about trade. That is in sharp contrast with the Chinese Prime Minister Li Keqiang's recent visit to Germany, where trade was hailed as part of the Sino-German "Dream Team." And dream it is. Last year, the German trade shortfall with China came in at less than 5 percent of the whopping $315 billion U.S. trade deficit with Beijing. U.S. and German exports to China were roughly comparable in 2012, but U.S. imports from China were 4.4 times bigger than what Germany bought in China.
originally posted by: FyreByrd
Well, Germany seems to be doing quite well.
originally posted by: neo96
a reply to: Indigo5
Think about why jobs leave this country. Which means what there ?
LESS products to be shipped for trade.
We then IMPORT those same products back here.
Utterly nonsensical.
Competition : Being able to offer low cost products others can't.
originally posted by: neo96
I thought the Huff Po was the gospel!