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Showing Original Post only (View all)Why Is President Obama Having So Much Trouble Selling TPP? [View all]
Stan Sorscher
Labor Representative, Society for Professional Engineering Employees in Aerospace
Barack Obama is cool and personable -- no-drama Obama. Then suddenly, he scolds critics of the Trans-Pacific Partnership, his NAFTA-style trade deal. He accuses them of being "wrong," unable to look at the facts, fighting the last war, confusing this new improved trade deal with NAFTA, if they don't want TPP they must want nothing at all ... and they definitely are not invited to his next birthday party.
Of course, the critics are right, they are looking straight at the facts, the critics know exactly what a good trade policy would look like, and it's nothing like NAFTA or TPP. ..... and deep down, everyone wants to be invited to his next birthday party.
So what's wrong with TPP?
Will TPP create jobs?
No. Economic models predict a tiny increase in GDP from TPP. Globally, tariffs are already low. That deal is done. In the past, these same models have been wildly optimistic, so when they predict "no gain," that says a lot.
more -> http://www.huffingtonpost.com/stan-sorscher/why-is-president-obama-having-so-much-trouble--selling-tpp_b_7288196.html