President Obama has staked a great part of his legacy on the idea that he skillfully engineered a great recovery from the financial crisis. The Obama-friendly media routinely parrot the idea. But in fact, as a shocking new study from the nonpartisan U.S. Council on Competitiveness and the Gallup organization suggests, the so-called recovery doesn't exist.
As recently as Oct. 11, less than a month before the election, the online publication The Hill ran this headline: "Obama's economic legacy ensures Democrats decades of success." No kidding. But it's a bit unfair to single them out: Others have run with similar themes. The point is, it's not true.
una mosca en la cara en uno de los debates...
bajo la administración Obama?
China Has Benefited the Most From Globalization
In August 2016, I quoted the results of a study published by former World Bank senior economist Branko Milanovic and Yale University political science professor John E. Roemer. It states that two developing countries, China and India, are experiencing rapid economic growth under the trend of globalization, while in developed countries the gap between rich and poor has widened. The study leads to the dire conclusion that, although globalization will inevitably lead to the rise of the world’s overall income and the narrowing of the global income gap, it has worsened inequality in developed countries. In developed countries, globalization may therefore be perceived as creating a more unequal world.
Another study by Justin Pierce, an economist at the Federal Reserve, and Peter Schott, professor at Yale School of Management, concluded that since the United States gave China permanent normal trade relations (PNTR) status in 2000, half of the jobs lost in the U.S. manufacturing industry can be attributed to the increase of imports from China. In addition, suicide and related causes of death were significantly higher in the areas more heavily affected by PNTR. An unemployment increase of just 1 percent resulted in an 11 percent increase in suicide rate. White males were hardest hit as they are more likely to be engaged in the manufacturing sector than other groups, the report indicated.
Why China Cannot Lead Globalization in a Post-Trump World
By He Qinglian - December 6, 2016
US News WikiLeaks ‘Operative’ Craig Murray Says Clinton Emails Came From Democratic Source, Not Russians
By Jack Phillips, Epoch Times - December 15, 2016
A former British ambassador to Uzbekistan who is close to WikiLeaks founder Julian Assange told the Daily Mail that Russia didn’t leak emails from the Hillary Clinton campaign and Democratic staffers to the anti-secrecy organization.
Craig Murray, who describes himself now as a WikiLeaks operative, told the tabloid that he flew to Washington, D.C. to receive files from a source, whom he described as a Democratic Party whistleblower. He said that there were no hacks involved, as has been claimed by CIA sources in several new media reports—namely one from Washington Post that claimed Russia-backed hackers swayed the election in Donald Trump’s favor over Hillary Clinton.
“Neither of [the leaks] came from the Russians,” said Murray on Tuesday. “The source had legal access to the information. The documents came from inside leaks, not hacks.”...
He said the emails were given to the anti-secrecy organization via Americans who had access to the information through legitimate channels.
The leakers, he added, were pushed to release the emails out of “disgust at the corruption of the Clinton Foundation and the tilting of the primary election playing field against Bernie Sanders.”
In the emails, it was revealed that the DNC attempted to push out Sen. Sanders in favor of Clinton during the Democratic primary, which lead to the resignation of its then-chair, Debbie Wasserman Schultz, right before the convention.
Murray claimed he received a package from a source during a clandestine drop-off near American University located at a wooded area in Washington, D.C. The person he received the information from was an intermediary, not the person who first acquired the emails.
In fact, worried that he would be seen as a spy, Mr. Snowden had hoped merely to pass through Russia on his way to South America, Mr. Assange later recounted, a plan he had not fully endorsed. Russia, he believed, could best protect Mr. Snowden from a C.I.A. kidnapping, or worse.
“Now I thought, and in fact advised Edward Snowden, that he would be safest in Moscow,” Mr. Assange told the news program Democracy Now.
Among United States officials, the emerging consensus is that Mr. Assange and WikiLeaks probably have no direct ties to Russian intelligence services. But they say that, at least in the case of the Democrats’ emails, Moscow knew it had a sympathetic outlet in WikiLeaks, where intermediaries could drop pilfered documents in the group’s anonymized digital inbox.
In an interview on Wednesday with The Times, Mr. Assange said Mrs. Clinton and the Democrats were “whipping up a neo-McCarthyist hysteria about Russia.” There is “no concrete evidence” that what WikiLeaks publishes comes from intelligence agencies, he said, even as he indicated that he would happily accept such material.