IAN MASTER'S BACKGROUND BRIEFING
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Then finally we speak with Clyde Prestowitz, the former counselor to the Secretary of Commerce who has an article at the Los Angeles Times “The all-too-real costs of free trade to average Americans. The Country is not better off when trade deal gains go only to the very rich”. We discuss the apparent contradiction in President Obama’s State of the Union address where he decried the growing income and wealth disparity in America, while calling for a free-trade agreement, the Trans Pacific Partnership that is likely to ship more jobs overseas in exchange for cheap imports that the unemployed will not have the means to purchase at Wal-Mart.
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