User Tag List

+ Reply to Thread
Results 1 to 6 of 6

Thread: Joe Biden wants a ‘new economic world order.’ It’s never looked more disordered.

  1. #1
    Original Ranter
    Points: 859,011, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 92.0%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    496555
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    241,683
    Points
    859,011
    Level
    100
    Thanks Given
    153,214
    Thanked 147,565x in 94,409 Posts
    Mentioned
    2552 Post(s)
    Tagged
    0 Thread(s)

    Joe Biden wants a ‘new economic world order.’ It’s never looked more disordered.

    The Biden* regime is attempting to mold the US economy to fit with the demands of the Davos crowd.

    Joe Biden wants a ‘new economic world order.’ It’s never looked more disordered.

    The Biden administration has been trying to bury the free-trade era for months.


    U.S. Trade Representative Katherine Tai drove a nail into its coffin in January, telling the world’s one percent at Davos that the Biden administration would try to shape a “new economic world order” around protecting workers. And National Security Adviser Jake Sullivan sought to deliver last rites in April, promising the White House would forge a “new Washington consensus” to replace the one that had governed the globe for over a generation.


    “I remain convinced that through all of this disruption we’re moving towards a new economic order,” Tai told POLITICO in an interview. “I’d really like to fill that gap with a positive vision that we will be prepared for it.”







    The goal is to replace the old paradigms of globalization — free trade and a reliance on markets — with a “worker-centered” trade policy that raises wages not just for Americans, but around the world.


    But building a new world economy is proving more difficult than eulogizing the old one. While the pro-globalization consensus has shown cracks for years — from the financial crisis to the election of former President Donald Trump — Biden’s team has struggled to outline how it will shape new rules and institutions to replace those that governed the world for the last half-century.


    Biden’s team is moving slowly to transform a paralyzed World Trade Organization, once the premier facilitator of globalization, into a new-look economic club that reflects its progressive values. As those efforts crawl along, Biden has sought to forge new economic partnerships in Asia and Latin America, but the nascent effortspale in comparison to China’s trillion-dollar infrastructure program for developing nations and risk replicating the corporate-friendly trade policies of the old system. Meanwhile, Biden’s quest to counter China’s technological growth risks sparking a new Cold War and dividing the world into two or more global trading blocs — a fate the White House insists it is trying to avoid.







    More fundamentally, Biden’s brain trust has yet to settle on a vision for how the next era of global economics will be constructed. Their initial ideas are abstract at best.


    Sullivan, in his April speech before the Brookings Institution, compared the Biden economic vision to a building by avant garde architect Frank Gehry, all flowing lines of chrome and steel resembling nothing less than a roller coaster.


    “In the end, the way that we are going to build an international economic architecture is not going to be with kind of Parthenon-style, clear pillars as we did after the Second World War,” Sullivan said, “but something that feels a little bit more like a Frank Gehry — a mix of structures and substances.”


    Biden’s critics — from centrist free-trade holdouts to Trump-fueled populists who focus on competition with China — are hardly more concrete in their own ideas. Across the political spectrum, American policymakers are grappling with how to shape a new global economic system to replace the one they built decades ago.


    “I don’t know if the administration has clearly outlined what that new world looks like,” Sen. Marco Rubio , the top Republican on the Intelligence Committee, told POLITICO after a Capitol Hill hearing in February when he assailed the old, pro-globalization paradigm. “But I don’t know if anybody else has either.”






    Despite the backlash against the globalization era, the shift to a new economic model is not assured. Supporters of free trade are keen to bend the arc of economic change back toward lower tariffs, taxes and regulations. But even they recognize they must change their approach to respond to the inequality and discontent that the globalization era has created.
    ΜOΛΩΝ ΛΑΒΕ


  2. The Following 2 Users Say Thank You to Peter1469 For This Useful Post:

    Just AnotherPerson (05-27-2023),RMNIXON (05-27-2023)

  3. #2
    Points: 84,798, Level: 70
    Level completed: 98%, Points required for next Level: 52
    Overall activity: 1.0%
    Achievements:
    SocialVeteran50000 Experience Points
    Just AnotherPerson's Avatar Senior Member
    Karma
    27585
    Join Date
    Aug 2016
    Location
    Milky Way Galaxy
    Posts
    11,128
    Points
    84,798
    Level
    70
    Thanks Given
    14,094
    Thanked 9,554x in 5,668 Posts
    Mentioned
    87 Post(s)
    Tagged
    0 Thread(s)
    Well what they are really doing is breaking our nation at the knees Tonya Harding style. They are transferring wealth, removing ownership, and ushering in AI. There is nothing in in those methods that are helping the people. The only people who are prospering in that new world are the ones who were already at the top and plan on owning and controlling the entire world. The new economic world order is nothing more than a fleecing so that those who run the show have more control, while the people have less and less. It's hard to believe that some champion that.
    We are all brothers and sisters in humanity. We are all made from the same dust of stars. We cannot be separated because all life is interconnected.

  4. The Following 3 Users Say Thank You to Just AnotherPerson For This Useful Post:

    Abby08 (05-27-2023),MisterVeritis (05-27-2023),Peter1469 (05-28-2023)

  5. #3
    Points: 431,974, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 100.0%
    Achievements:
    50000 Experience PointsVeteranOverdriveSocial
    Awards:
    Frequent Poster
    Tahuyaman's Avatar Senior Member
    Karma
    307949
    Join Date
    Dec 2014
    Location
    Bremerton, Washington
    Posts
    183,369
    Points
    431,974
    Level
    100
    Thanks Given
    20,173
    Thanked 76,964x in 55,592 Posts
    Mentioned
    700 Post(s)
    Tagged
    1 Thread(s)
    Re-electing Biden would be a disaster. Things can get worse and they will if we let it happen.


    https://www.foxnews.com/media/cnn-hi...er-setback.amp



    CNN hits Biden with 'horrible news' as poll shows 66% of Americans call a 2024 victory a 'disaster,' 'setback'
    Last edited by Tahuyaman; 05-27-2023 at 12:14 PM.
    When the people find that they can vote themselves money, that will herald the end of the republic.“ - Benjamin Franklin.


    “When people get used to preferential treatment equal treatment seems like discrimination.” - Thomas Sowell

  6. The Following User Says Thank You to Tahuyaman For This Useful Post:

    RMNIXON (05-27-2023)

  7. #4
    Points: 114,156, Level: 82
    Level completed: 17%, Points required for next Level: 2,494
    Overall activity: 62.0%
    Achievements:
    Social50000 Experience PointsVeteran
    RMNIXON's Avatar Senior Member
    Karma
    30548
    Join Date
    Sep 2020
    Posts
    30,790
    Points
    114,156
    Level
    82
    Thanks Given
    31,824
    Thanked 30,542x in 17,982 Posts
    Mentioned
    78 Post(s)
    Tagged
    0 Thread(s)
    Consider that the Biden Plan to thwart illegal immigration is to poor more US dollars and free tech into failed Socialist countries that people are fleeing.....

    Can't blame the people wanting a better life and free $#@!, but that is either deliberate economic foolishness or just insane!
    My Revenge will be Success! - Donald J Trump

  8. #5
    Points: 16,311, Level: 30
    Level completed: 87%, Points required for next Level: 139
    Overall activity: 10.0%
    Achievements:
    Tagger Second ClassVeteran10000 Experience Points
    slackercruster's Avatar Senior Member
    Karma
    553
    Join Date
    Jan 2019
    Location
    Born L.A. - NYC 2nd home - Rustbelt home base
    Posts
    1,204
    Points
    16,311
    Level
    30
    Thanks Given
    1,357
    Thanked 543x in 387 Posts
    Mentioned
    3 Post(s)
    Tagged
    0 Thread(s)
    OK...it is coming!

    russain war spoils.jpg

  9. #6
    Original Ranter
    Points: 859,011, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 92.0%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    496555
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    241,683
    Points
    859,011
    Level
    100
    Thanks Given
    153,214
    Thanked 147,565x in 94,409 Posts
    Mentioned
    2552 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by slackercruster View Post
    OK...it is coming!

    Attachment 57736
    Link?

    And what NATO victory?

    If this were true, it supports Putin's reasons for invading Ukraine in the first place.
    ΜOΛΩΝ ΛΑΒΕ


+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts