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Mon Jul 25, 2016, 09:34 PM

Is Trump right that the TPP will destroy millions of jobs and cede US sovereignty?

"A well-informed electorate is a prerequisite for democracy."

Source: The Conversation, by Greg Wright - Assistant Professor of Economics, University of California, Merced and Emily J. Blanchard - Associate Professor, Dartmouth College

Both of Trump’s claims seem overblown.

First, while there is quite a bit of uncertainty associated with the TPP projections, it is difficult to support the claim that millions of U.S. jobs will be lost. The TPP will increase competition among the signatories in economic areas (for instance, finance and technology) in which the United States is a dominant player – and that should be on the whole a good thing for the U.S.

The simple truth is that trade agreements change the composition of jobs in the economy. Some workers will be happier with their new jobs, and others will not. Whatever the job losses from the TPP, a roughly equal number will be created.

Second, in theory the ISDS could be a disaster for governments that seek to enact or enforce laws and regulations that they believe are in the public interest but conflict with corporate interests. However, the TPP seemingly addresses these concerns, and the White House has detailed the many specific ways in which the TPP will go beyond previous agreements in order to protect against frivolous claims and threats to signatories’ sovereignty.

Claims about the impact of trade, and especially trade agreements, will continue to animate the ongoing presidential campaign. Given the importance of the topic, it is essential that claims be weighed against the evidence and that voters understand what trade can and cannot do.

Much more at: http://theconversation.com/is-trump-right-that-the-tpp-will-destroy-millions-of-jobs-and-cede-us-sovereignty-62085

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Reply Is Trump right that the TPP will destroy millions of jobs and cede US sovereignty? (Original post)
yallerdawg Jul 2016 OP
annavictorious Jul 2016 #1
yallerdawg Jul 2016 #2
krawhitham Jul 2016 #3
hollowdweller Jul 2016 #4
Hoyt Jul 2016 #5

Response to yallerdawg (Original post)

Mon Jul 25, 2016, 09:47 PM

1. It's a moot point. TPP is dead.

 

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Response to annavictorious (Reply #1)

Mon Jul 25, 2016, 09:53 PM

2. I thought so, too!

Until I started watching the Democratic National Convention.

And, of course - at DU.

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Response to annavictorious (Reply #1)

Mon Jul 25, 2016, 09:55 PM

3. want to bet

It will be passed in the lame duck session

Most Dems are against, almost all Rethug in congress are for it


With all Rethugs and a few Dems it will get through the lame duck session

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Response to krawhitham (Reply #3)

Mon Jul 25, 2016, 09:56 PM

4. Agree

 


Anything to help the working class has to be done incrementally if at all.

Anything to help the big guys is done asap

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Response to krawhitham (Reply #3)

Mon Jul 25, 2016, 10:12 PM

5. I don't think it will be brought up in lame duck session. I do believe it will pass eventually,

perhaps with some modifications or side agreements (like the Paris Accord which supplemented TPP and other agreements).

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