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Dotard officially forcing WTO to DOWNGRADE USA into a 3rd World Shit-Hole Country! MAGA = HYPER!

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特朗普要求WTO把美国算成发展中国家 否则就“退群”
2020-09-15 07:08

【特朗普要求WTO把美国算成发展中国家否则就“退群”】揭露水门事件的美国记者鲍勃·伍德沃德将于9月15日出版新书《愤怒》,其中爆出了很多关于美国总统特朗普的“猛料”。据美国彭博社报道,书中称,特朗普曾于今年1月要求时任世界贸易组织(WTO)总干事罗伯托·阿泽维多:将美国列为发展中国家,否则美国就“退群”。伍德沃德在新书中说,特朗普于1月22日接受了他的采访,称自己要求阿泽维多将美国指定为像中国和印度一样的“发展中国家”,以获得更有利的贸易条件。当阿泽维多表示反对时,特朗普说:“那我就要退出世界贸易组织。”(环球时报;LX)

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Trump asks the WTO to count the United States as a developing country, otherwise it will “retire”
2020-09-15 07:08

[Trump asks the WTO to count the United States as a developing country or "withdraw from the group"] The American journalist Bob Woodward, who exposed the Watergate incident, will publish a new book "Anger" on September 15th, which reveals a lot about U.S. President Trump's "sniffing". According to Bloomberg News, the book stated that Trump asked then World Trade Organization (WTO) Director-General Roberto Azevedo in January this year to list the United States as a developing country, otherwise the United States would “retire” group". Woodward said in the new book that Trump accepted an interview with him on January 22, saying that he asked Azevedo to designate the United States as a "developing country" like China and India in order to gain more favorable Terms of trade. When Azevedo objected, Trump said: "Then I will withdraw from the World Trade Organization." (Global Times; LX)

Disclaimer: This article is reproduced for the purpose of conveying more information. If there is an error in the source labeling or infringement of your legal rights, please contact the website with the certificate of ownership, and we will correct and delete it in time, thank you.




https://www.independent.co.uk/news/...trump-mit-economist-peter-temin-a7694726.html


US has regressed to developing nation status, MIT economist warns

Peter Temin says 80 per cent of the population is burdened with debt and anxious about job security

Chloe Farand
Friday 21 April 2017 15:06




Skid Row in downtown Los Angeles.  Skid Row has LA's largest concentration of homeless people who regularly camp on the sidewalks in tents and cardboard boxes
Skid Row in downtown Los Angeles. Skid Row has LA's largest concentration of homeless people who regularly camp on the sidewalks in tents and cardboard boxes(Getty Images)
America is regressing to have the economic and political structure of a developing nation, an MIT economist has warned.
Peter Temin says the world's’ largest economy has roads and bridges that look more like those in Thailand and Venezuela than those in parts of Europe.
In his new book, “The Vanishing Middle Class", reviewed by the Institute for New Economic Thinking, Mr Temin says the fracture of US society is leading the middle class to disappear.
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Volunteers from the Midnight Mission help feed the homeless and poor during its annual Easter/Passover celebration at Skid Row in Los Angeles, California
Volunteers from the Midnight Mission help feed the homeless and poor during its annual Easter/Passover celebration at Skid Row in Los Angeles, California(Getty Images)
The economist describes a two-track economy with on the one hand 20 per cent of the population that is educated and enjoys good jobs and supportive social networks.



On the other hand, the remaining 80 per cent, he said, are part of the US’ low-wage sector, where the world of possibility has shrunk and people are burdened with debts and anxious about job security.
Mr Temin used a model, which was created by Nobel Prize winner Arthur Lewis and designed to understand developing nations, to describe how far inequalities have progressed in the US.
When applied to the US, Mr Temin said that “the Lewis model actually works”.
Homeless men try to stay warm in a Manhattan church on an unseasonably cold day in New York City
Homeless men try to stay warm in a Manhattan church on an unseasonably cold day in New York City(Getty Images)
He found that much of the low-wage sector had little influence over public policy, the high-income sector was keeping wages down to provide cheap labour, social control was used to prevent subsistence workers from challenging existing policies and social mobility was low.

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Mr Temin also claims that this dual-economy has a “racist” undertone.
“The desire to preserve the inferior status of blacks has motivated policies against all members of the low-wage sector.
“We have a structure that predetermines winners and losers. We are not getting the benefits of all the people who could contribute to the growth of the economy, to advances in medicine or science which could improve the quality of life for everyone — including some of the rich people," he writes.
Commenting on Mr Temin’s findings, Lynn Parramore, senior research analyst at the Institute for New Economic Thinking, writes: “Without a robust middle class, America is not only reverting to developing-country status, it is increasingly ripe for serious social turmoil that has not been seen in generations.”
Female jail inmates are chained together as they bury cadavers at Maricopa County's pauper's graveyard in Phoenix, Arizona
Female jail inmates are chained together as they bury cadavers at Maricopa County's pauper's graveyard in Phoenix, Arizona(Joe Raedle/Liaison)
Mr Temin says that education is the solution to offer everyone in society better opportunities and calls for investments in public schools and public universities.





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He says: “Knowing how to think, how to get on with people, how to cooperate. All the social skills and social capital … [are] going to be critically important for kids in this environment."

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