2016 Postmortem
In reply to the discussion: The US middle class is in the top 1% .... [View all]Zira
(1,054 posts)putting all the homegrown businesses out of business as people went to work for the new factories and changing the whole economic system of the countries, then fleeing the country and leaving it impoverished and the old economic infrastructure toppled(put out of businesses by the higher paying factory jobs that fled when laws were put in protecting workers) as they went to the next cheapest labor country and did the same. It has destroyed many countries all over the world.
The TPP is far worse than Nafta. It means we can't even use our country's laws to stop products like lead in Chinese products from getting in our food. It gives them the ability to SUE us if our laws stop dangerous products. But it is so much worse.
The forecast is 1 million jobs will leave America when the TPP is signed.
We lost 800,000 jobs when Nafta was signed - mostly factory. This time it will be the high end jobs like big cuts further in Tech jobs.