Credit Where Credit is Due: Obama is About to Hit a Home Run on Trade Deals

I would be willing to give him a hearty round of applause because these trade deals are going to be big for America.

Negotiations for an ambitious Trans-Pacific Partnership (TPP) trade deal involving a dozen countries from Asia and the Americas are quietly nearing the finishing line. Another historic agreement, the Trans-Atlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, also shows signs of becoming a reality.

It might be one of the only things that will strait up help the middle class as well.

As such, it is estimated that TTIP will boost U.S. household incomes by $865 annually and create 750,000 new U.S. jobs, while TPP would generate about $1,230 per household by 2025–a great boost without a dime of deficit spending, and a strong bonus on top of the $10,000 annual income gains American households have already scored due to post-war trade opening. 

New jobs and hiring is just what this country needs. One thing that will be great is more European and Japanese goods appearing in our stores. If we can get German and Belgian chocolate and the McShrimp from Japanese McDonalds I will be a happy person indeed.