Wow, Hillary Clinton is really getting desperate.
She is so anxious to placate the emotional left of her party that she has abandoned the Pacific trade agreement she promoted until recently. The WSJ summed up her conversion this way:
Mrs. Clinton was asked on PBS’s NewsHour whether the trade deal is “something you could support?”
Her reply: “What I know about it, as of today, I am not in favor of what I have learned about it. And there is one other element I want to make, because I think it’s important. Trade agreements don’t happen in a vacuum, and in order for us to have a competitive economy in the global marketplace, there are things we need to do here at home that help raise wages. And the Republicans have blocked everything President Obama tried to do on that front. So for the larger issues, and then what I know, and again, I don’t have the text, we don’t yet have all the details, I don’t believe it’s going to meet the high bar I have set.”
So she hasn’t seen the agreement’s text, and can’t speak to the details, but she’s against the deal because Republicans who haven’t held the White House in seven years haven’t raised wages.
Mrs. Clinton previously called the Pacific pact the “gold standard in trade agreements,” and as recently as her memoir in 2014 she praised it as “important for American workers who would benefit from competing on a more level playing field.” At State she took a leading role in promoting the pact and in January 2013 said that “I think the Trans-Pacific Partnership is one way that could really enhance our relationship” with Japan. She supported Nafta and she backed the trade deal with South Korea, but now she’s had a change of heart—or should we say soul….
Basically, she preemptively dropped this hot potato before she even had a good grip on it. But the fact that this agreement is a hot potato shows how far gone her party is.
People go on about how the Republicans have lost their way, being held hostage by the flakes on its fringe, and they’re absolutely right to do so.
Well, the Democrats have the same problem. They have their own Know-Nothings, with notions about trade and growth that seem to have been drafted by Occupy Wall Street, and leading candidates are in their thrall.
It’s been awhile since the party has had sensible Third Way leadership with names such as… Clinton.