Being against TPP because of NAFTA is fighting the last battle again. There are no jobs to lose with

[Motown_Johnny]

10. I am comparing earnings of people in manufacturing jobs

since that is what we are talking about with free trade. It is a simplification, and if you feel it is an oversimplification then we can get into this. My statement that the people in these countries do not have the buying power to make a trade deal fair is correct. Also, my statement that these people with lower buying power than Americans will tend to buy from other countries with lower labor costs is also correct.

I understand that not all these countries have the same buying power per capita and am not against some trade agreements with some of them. I do have a problem with the generalizations presented in your OP.

If you respond to this post please provide numbers which support your claim. Your previous post has nothing to substantiate it what so ever. Also please try to provide some rational argument for these lower income persons to buy products from America instead of from other low labor cost countries.



http://india.blogs.nytimes.com/2013/05/13/indias-middle-class-growth-engine-or-loose-wheel/?_php=true&_type=blogs&_r=0


^snip^


Four out of five middle-class Indians are in the lowest bracket of spending power, meaning they can spend $2 to $4 a day. Many of these 224 million people are not well educated, employed in unstable jobs in the unorganized sector and lack sufficient social safety nets. They could slip back into poverty if they experience a financial shock.

That insecurity has bred a political and economic conundrum for India: until the middle class has stable incomes and spending power, the economic contribution of its members will be offset by their demand for unviable populist measures from the government, amplified through their access to the media megaphone.

The base of high-spending middle-class consumers is still small. The “middle middle” (spending $4 to $10 a day) and the “upper middle” (spending $10 to $20 a day) together make up just over 50 million people. This group is essentially part of India’s elite, when contrasted with the rest of the population, yet barely middle class by global standards.



http://www.mckinsey.com/insights/consumer_and_retail/mapping_chinas_middle_class

^snip^

The explosive growth of China’s emerging middle class has brought sweeping economic change and social transformation—and it’s not over yet. By 2022, our research suggests, more than 75 percent of China’s urban consumers will earn 60,000 to 229,000 renminbi ($9,000 to $34,000) a year.



http://www.chinadaily.com.cn/sunday/2013-05/19/content_16509704.htm

^snip^

The emergence of a very large Chinese middle class will change the entire world. The present total population of all countries defined by the World Bank as 'high income' is 16 percent of the world's population. The definition of a 'high income' economy is one with a GDP per capita of slightly over $12,000 per year. It will take China about 15 years to achieve that level.