So most everyone on the right wants to blame Obama for the economy because he hasn’t fixed it and most everyone on the left is blaming Bush because that is when it apparently caved in. Most everyone is wrong of course because the president himself has little influence on the economy.
But in the 90’s Ross Perot decried the free trade agreements that our government (both sides by the way) negotiated all over the place. Are the problems we are facing now just the logical conclusion to those agreements?
For the record, in the 90’s my prediction for the trade agreements was that we would face short term problems (10 - 20 years) as jobs were moved around the world but reap long term benefits as new markets opened up and the standard of living in those places improved creating more demand for goods and services. I’m pretty much still waiting on the long term benefits.
Fuck me, was Ross Perot right?