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The Bait & Switch By Both Political Parties
Thom plus logo  During his big economic policy speech Monday in Detroit, Donald Trump spoke out forcefully against so-called free trade deals.

When he wasn't being interrupted by protestors, he promised to reject the TPP, renegotiate NAFTA, and even leave NAFTA altogether if Canada and Mexico refused to play ball.
"If the TPP is actually approved it will be catastrophic. That's why I have announced we will withdraw from the deal before that can ever, ever, ever happen...

"I have previously laid out a detailed 7-point plan for trade reform, available on my website. It includes strong protections against currency manipulation, big problem, tariffs against any countries that cheat by unfairly subsidizing their goods, and it includes a total renegotiation of NAFTA which is a disaster for our country. A total renegotiation. And if we don't get a better deal, we will walk away."
When he talks like that, Trump sounds a lot like, well, Trump.

No serious Republican presidential candidate has talked that way on trade in at least a generation.

But when Trump talks about renegotiating NAFTA he also sounds like someone else.

He sounds like a certain junior senator from Illinois who way back in 2008 made criticism of NAFTA, CAFTA and other so-called free trade deals a big part of his presidential campaign. One of the reasons why I voted for him.

It's easy to forget now, but when then-Senator Barack Obama first ran for president, he did so as an opponent of corporate-managed trade policies.

This is what he used to sound like:

Keith Olbermann: Scrap NAFTA, Senator Obama, or fix it?

Senator Obama: I would immediately call the president of Mexico, the president of Canada, to try to amend NAFTA, because I think that we can get labor agreements in that agreement right now.
Senator Obama: NAFTA needs to be amended and I've already said that I would contact the president of Mexico and the prime minister of Canada
It's absolutely critical for us to understand that NAFTA was an enormous problem. The permanent trade relations with China, without some of the enforcement mechanisms that were in there, that you voted for, was also a significant problem.
Flash-forward eight years though, and President Obama now sounds like this:

"As I've said before, it means that we have to do everything we can to make sure that everybody shares in prosperity, that we have strong rules to protect workers, to promote high wages, to make sure that our citizens are getting the education and the training that they need.

"But the answer cannot be to back away from trade and the global economy. It is here to stay. It's not possible to cut ourselves off."
So what happened?

Read more here.

-Thom
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