An oldie but goldie from the 2012 debates
We do! Currency manipulation -- specifically, currency manipulation by China -- was a big-time topic on last year's campaign trail (we've got the advertising analysis to back it up) and it even warranted a question in a presidential debate!
But since the Obama and Romney sparring is now a distant memory, the issue has been moved to the back burner. And President Obama's administation might waste an opportunity to punish currency manipulators as it participates in the negotiations of the massive Trans Pacific Partnership (TPP) trade deal. China's not involved with this deal, but a lot of other Pacific Nations are -- including Japan, South Korea, Singapore and Australia. Added up, TPP countries would account for 40 percent of global trade.
Should we allow countries to perpetually inflate our already obscene trade deficits? Is it fair that our trading partners 'roid up their exports at the expense of our own? Nope, we don't think so either. So send your legislator a note and let them know.
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