#TPP is dead: Daily Bullshit, November 11, 2016

TransPacific Partnership

It’s dead.^[1] Hallelujah, it’s dead.

William Mauldin, “Obama Administration Gives Up on Pacific Trade Deal,” Wall Street Journal, November 11, 2016, http://www.wsj.com/articles/obama-administration-gives-up-on-pacific-trade-deal-1478895824

Horse race

It’s like this: The Democrats have spent the last several decades trying to regain the South and trying to get Wall Street support. Republicans have the home field advantage on both and there’s absolutely no sign that that advantage is diminishing. But the Democrats wanted to live comfortable lives on Wall Street’s teat. They became corrupt, which is why they chose Hillary Clinton and then (probably) stole the nomination from Bernie Sanders. They’ve gotten what they deserve because they weren’t doing the country a bit of good.

Cathleen Decker, “For reeling Democrats, now what?” Los Angeles Times, November 10, 2016, http://www.latimes.com/politics/la-na-pol-clinton-democrats-20161109-story.html

1. ^[1]William Mauldin, “Obama Administration Gives Up on Pacific Trade Deal,” Wall Street Journal, November 11, 2016, http://www.wsj.com/articles/obama-administration-gives-up-on-pacific-trade-deal-1478895824↩