We needed to fix the TPP, but Donald killed it, and did nothing to replace it. ...That creates a vacuum, and into that vacuum stepped president Xi. T… - David Cay Johnston

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We needed to fix the TPP, but Donald killed it, and did nothing to replace it. ...That creates a vacuum, and into that vacuum stepped president Xi. The RCEP is the led by Beijing. It's 15 countries (not us, just as TPP didn't include China)... plus India. ...[W]hen I was in Australia... I was astonished... They were all saying that Australia is going to have to reorient its trade policies towards Beijing, because there is no American leadership.

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About David Cay Johnston

(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).

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Birth Name: David Cay Boyle Johnston
Alternative Names: DC Report

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When you and I were young and a company laid people off, you would see the president, not the CEO... in those days, say "...I'm gonna work for a dollar a year" or "I'm going to take no bonuses until everybody is rehired." Today it's... "Ooh, I fired 10,000 people. I'll get a bigger bonus!"

When Donald Trump took the oath of office "to faithfully execute the laws" and to be "loyal to the United States of America", he then got in a motorcade to go to the White House. There's a TV camera... in the truck... that looks square down the middle ...The presidential limousine... stopped... the family got out... they spent two minutes walking around... in front of the Trump International Hotel, whose lease says "no federal employee can be involved in that lease" and... we have jointly an employee named Donald J. Trump. He's our employee. ...[T]he reason he did that was ...[I]f you are an emissary... seeking a favor from Donald Trump, if you're an oil baron, or a coal company, or anybody else who wants a favor from the Trump administration, you got the message.

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One of the things that changed was [that] the institutions that supported working people have been decimated. ...[T]he Democrats, the party of the working people, played a role in this. They allowed the weakening... of unions. They bought the argument that unions are bad for companies.

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