President Obama has no experience whatever in trade or globalization . Globalization is nothing more than a trade war with production looking for a country cheaper to produce. Since everything can be produced everywhere, the economist would have us believe that all the United States can do is hunker down and equalize our labor, pay, safety and environmental regulations, to meet the global competition.

"This is the race to the bottom, and, unfortunately, the labor leadership goes along by continually calling for more free trade agreements to protect labor and the environment. We ought to learn by now that the free trade agreements only protect Corporate America's investment. Labor hunkers down with pay cuts and downsizing as if nothing can be done. All we need to do is change our tax laws and enforce our trade laws to protect domestic production and the environment." If the President moves to create jobs by changing our tax laws or enforcing our trade laws, coming down on his head in opposition will be Wall Street, Corporate America and its entities, the Business Roundtable and the United States Chamber of Commerce, crying: "Free trade," "protectionism," "don't start a trade war. " Wall Street and Corporate America want to keep profits in China flowing; keep the stock market up."

But President Obama is our only hope.