General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGetting out of the TPP might not actually be good for America in the long run...
I'm certainly no expert in the mater. I fully admit to being an armchair economist on these matters. However it seems to me that the idea of running on an isolationist platform as Trump wants to do may end up being a terrible idea in the name of a good one. Because like it or not the Globalisation boat has sailed. Companies have no loyalty to any country nor do they recognise borders. They simply move where the cheapest labour is and market their products to the countries that will get them the most money.
Once we opened Pandora's box with globalisation we signed away American and Canadian manufacturing jobs. And I could be wrong but I suspect it's not a simple process of imposing tarrifs to get them back. The horse has left the barn. What we now see is kind of a global trade war with different countries signing trade deals like the TPP in an effort not to get the jobs back but to keep companies from shifting markets entirely. China has its own Asian trade block.
I could be wrong but what I fear is that a true isolationist policy may have the opposite effect on our economy. Companies will just say Meh ok we'll just shift focus away towards Asia. I'm NOT saying that the TPP is a good thing. I just wonder if it may be necessary or something like it.
nycbos
(6,034 posts)Now I am not so sure.
Hoyt
(54,770 posts)the "white working class" in Ohio, etc. Canada is fine, they are soliciting and signing every agreement they can get, even under Trudeau who has voiced his approval for the TPP.
RDANGELO
(3,433 posts)Just because you are doing some things in the interest of your own workers, does not mean that you are shutting yourself of from the rest of the world. Bringing our trade into balance is not isolationism. We have been running large trade deficits for decades. It is not necessary.
WhiteTara
(29,715 posts)so it must be all good.
moondust
(19,981 posts)I had wished that President Obama would hold a town hall or something and have his TPP expert there to answer questions about it from the audience. That way reps from labor, management, investors, etc. would all have a chance to gain a better understanding of what it does. I very much doubt that Drumpfy knows the first thing about what's in it and the implications of either passage or rejection.
msongs
(67,405 posts)solutions: published in full on the internet with no hidden components, open unlimited debate, remove all corporate sovereignty and related poison pills. then MAYBE vote yes on it