Obama Releases Trans Pacific Partnership Deal Details; Congress Prepares For Deb (user search)
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  Obama Releases Trans Pacific Partnership Deal Details; Congress Prepares For Deb (search mode)
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Author Topic: Obama Releases Trans Pacific Partnership Deal Details; Congress Prepares For Deb  (Read 8754 times)
bedstuy
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« on: November 09, 2015, 11:04:20 AM »

How on earth is this deal bad for American workers?  It makes America more competitive, it will raise our GDP and it lowers foreign tariffs on US exports more than US tariffs on foreign imports. 

Trade is not a right wing/left wing issue.  Protectionist sentiment seems to appeal to both far-right populists and far-left populists, none of whom seem to have studied the issues.  Some people want easy answers, like blaming NAFTA for the macro economic and political trends of the 20th century.  I'm glad Obama can see past the knee-jerk rhetoric and support a trade deal that will make America better off.
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bedstuy
YaBB God
*****
Posts: 4,526


Political Matrix
E: -1.16, S: -4.35

« Reply #1 on: November 10, 2015, 12:54:34 AM »

I'm not going to condemn the deal based on limited information, but I'm not about to embrace it, either. I still don't have a good understanding of its implications in anything but the broadest strokes and, judging from the analysis that I've read since its release, no one who is in a position to publish their commentary does either - yet, at least.

What is clear is that the politics of the agreement are toxic, and in a way that cuts across party coalitions in the United States. It'll be interesting to watch how the deal's proponents try to answer the opposition: Will there be a real effort to mobilize political support, or will opposition remain narrow enough that the agreement can pass quietly in most countries without legislators who vote in favor facing negative electoral consequences?

I agree.  Nobody seems to have an extremely informed opinion on either side of this issue.  One side is more misinformed, the protectionist side, but nobody seems to really understand the nuances of this issue. 

But, if we're having a debate about trade barriers, it seems to me that the burden of proof should be on the protectionists.  Free trade ought be the basic default rule.
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