Dems Need to Oppose TPP & Fast-Track Trade Authority | National Catholic Reporter

Dems Need to Oppose TPP & Fast-Track Trade Authority | National Catholic Reporter by MSW. MGB: The reason for the Clinton tech boom was not so much innovation as it was the cutting of capital gains tax rates, which had lots of IPO businesses start and fail miserably.  As for trade and union employment - what caused businesses to seek such deals and close factories is the cutting of the top marginal tax rate from 70% to 31% when it was all said and done.  This meant that CEOs could make changes and not have the inevitable personal gains be taxed away.  It is regretable, of course, that Clinton hired Larry Summers who convinced him to go along with all kinds of insanity. That Democratic Presidents do so is why the Greens have such a strongly held belief in the equivalency of the two parties.  The Green Party may get its point out to the voters (who are also consumers and therefore placated).  Only if that happens (maybe with Bernie Sanders as the nominee) will the Democrats think they have enough of a left flank to change their tune.  I am not counting on it.