One of Obama’s signature policies will be the Trans-Pacific Partnership (TPP). A piece of CRAP!
There are some that think this deal which was conceived and passed in secret will not be the end all for the economic problems of the US. To me it smells like just another NAFTA which cost millions of jobs and our manufacturing base, but Clintonites still cling to this failed policy as if it were the second coming.
The TPP has promised to revitalize our economy with jobs and trade…..but is it the benefit that the admin boyz are selling?
One study says that its is NOT the benefit that is being promised.
A group of economists studying the Trans Pacific Partnership (TPP) have concluded that the sweeping trade agreement will have a net negative impact on the US economy.
Economic researchers with Tufts University’s Global Development and Environment Institute said Monday that widely cited projections claiming the TPP will boost economic activity in the US are “based on unrealistic assumptions.”
Instead, the economists noted, the 12-nation Pacific Rim trade deal will likely lead to the loss of 448,000 jobs from the US workforce, while lowering GDP by more than a half-percentage point over the next decade.
Source: Study: The Trans-Pacific Partnership Will Cost US a Half Million Jobs, Drag Down GDP – Linkis.com
Good deal for those people with more money than principles….not so much for the working stiff……
Yet another nail in the coffin of the middle class.
I am so proud!
Exactly! Well said! It is a piece of crap now and always has been. That’s what turned me off Obama.
I was turned off when they would not let anyone read it before it was sent to Congress….transparent my ass
There has been very little transparency about the Obamareign.
Trickery would be more accurate in my book.
Don’t forget deceit and treachery.
I do know about treachery…but hell whatever floats your boat….LOL
Yes — whatever.
I was turned off of Obama long before that, but this TPP bullshit really “browned me off”.
While it’s easy to compare, it’s actually much worse than Bill Clinton’s NAFTA support in the 90’s. There is now a CLEAR track record demonstrating that these kind of trade deals are bad for everybody but the 1% crowd (and addicted shopaholics maybe). Perhaps Clinton could fool himself & others into thinking it might be good. But there’s NO excuse for buying into Free Trade (at least as we know it) in 2016. None!
Actually i there is very little that we can call “free trade”…the illegal drug industry comes to mind.
You are correct on all counts. My problem is that I think Hillary would be for having even more of these things.
Chuq, you hit the nail on the head. All these trade deals are big negatives for our middle class. The workers who make oreo cookies refused to take a 60% cut in pay and benefits while CEO got millions again in bonuses. Workers no longer have jobs.
But they keep lying and selling crap as sirloin…..chuq
Only half a million? I think that’s an under-estimation, at best, or, numbers for one small corporation, or something. It’s only the beginning, not the end result, too, remember that part. It gets worse from there….
gigoid, faded for the day…
Yes it will…..and we are left with crap as usual….chuq