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TPP Is Still Very Much Alive

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Re: TPP Is Still Very Much Alive

#2
There's a lot of abstract "this deal is bad!" stuff, but what, specific, are the issues with TPP? What reason does the president have for wanting to pass it? I generally find him to be a reasonable person, so I don't think he's just being "evil" or whatever.

Re: TPP Is Still Very Much Alive

#3
post #2

There's a lot of abstract "this deal is bad!" stuff, but what, specific, are the issues with TPP? What reason does the president have for wanting to pass it? I generally find him to be a reasonable person, so I don't think he's just being "evil" or whatever.

yes, especially with TPP I'm not a fan of "this is bad! it will kill regulations! end of story!", that's not even very accurate. I'm opposed to TPP as a whole but there is a lot going on with it, it's a sprawling set of arrangements and "globalization" in the most basic sense is not a bad thing, unless you'd prefer third world countries stay excluded from participating in international economies. It's a mixed bag for sure but globalization is kind of here to stay. I found http://fusion.net/story/265095/tpp-trans-pacific-partnership... which at least explains some of what's going on with TPP and why some people might be in favor of it. In particular, it has some emphasis on the welfare of women and children which is likely why Hillary originally supported it (and I'm sure, in her not very secret meetings, she prefers something 95% like it in any case, just won't be called TPP). The intellectual property stuff is of course absolutely awful.

Re: TPP Is Still Very Much Alive

#4
post #2

There's a lot of abstract "this deal is bad!" stuff, but what, specific, are the issues with TPP? What reason does the president have for wanting to pass it? I generally find him to be a reasonable person, so I don't think he's just being "evil" or whatever.

My understanding of it is that standardizing trade law and eliminating a wide range of nationalistic trade policies allows for greater operational efficiency, lower average cost of goods, etc. as systems closer to free markets tend to. The problems are

1. Massive disparities in wealth put the less-skilled in wealthy countries at greater risk of being made irrelevant/pushed towards global market rate (which is below minimum wage in the United States for many jobs)

2. Developed corporations gain open access to developing markets, while local incorporations of services that would likely pour more value back into their country receive no protections.

3. Government protections of the environment or workers could end up in an international trade court in which a country's laws are struck down and/or required to pay a fine due to a violation of trade policy. (This came up a lot, esp. from Elizabeth Warren. Obama's response was basically that there's no precedent for it, the handful of disputes the United States has been in, the US has always won. I'm not sure the history for other countries, but this seems to be more fear-mongering than reality as far as I can tell)

4. Read the EFF's rundown of issues concerning impact on digital rights: https://www.eff.org/issues/tpp

Overall I'm still very torn, and it seems that reasonable people that are genuinely concerned about increasing global welfare and reducing suffering fall on either side of supporting or opposing this deal.

Re: TPP Is Still Very Much Alive

#5
post #2

There's a lot of abstract "this deal is bad!" stuff, but what, specific, are the issues with TPP? What reason does the president have for wanting to pass it? I generally find him to be a reasonable person, so I don't think he's just being "evil" or whatever.

because obama only got paid $500,000 a year, and he wants millions more and to not pay taxes on it... this deal will allow him to do that, keeping licensing deals overseas in tax havens protected internationally.

just like we all want.... that is why our representatives are pushing for it.

you're all idiots

Re: TPP Is Still Very Much Alive

#6
post #2

There's a lot of abstract "this deal is bad!" stuff, but what, specific, are the issues with TPP? What reason does the president have for wanting to pass it? I generally find him to be a reasonable person, so I don't think he's just being "evil" or whatever.

There has been a very strong empirical correlation between free trade deals and subsequent negative economic fallout for average US citizens. In addition to what the others have said, this is another such free trade deal, but even larger than any other that has come before it.

Re: TPP Is Still Very Much Alive

#7
post #2

There's a lot of abstract "this deal is bad!" stuff, but what, specific, are the issues with TPP? What reason does the president have for wanting to pass it? I generally find him to be a reasonable person, so I don't think he's just being "evil" or whatever.

> There's a lot of abstract "this deal is bad!" stuff, but what, specific, are the issues with TPP?

Imagine a trade deal 100 years ago.

This deal will increase trade in all kinds of products, but it contains a rule saying "only the manufacturer of a machine is allowed to repair it." Anyone repairing a machine they bought would be breaking the law.

"Only a tiny portion of our economy is based upon machines", its defendants will say. "Yes, it has problems, but this increased trade in horse whips makes the deal worth it."

Re: TPP Is Still Very Much Alive

#9
post #2

There's a lot of abstract "this deal is bad!" stuff, but what, specific, are the issues with TPP? What reason does the president have for wanting to pass it? I generally find him to be a reasonable person, so I don't think he's just being "evil" or whatever.

There's a lot of controversy regarding the specific contents of the TPP, but for me personally, I am against the cloud of secrecy that it (along with most trade agreements) was developed under. It took WikiLeaks to even let the public know of its existence. And after that they refused to let members of congress (our elected officials) from even reviewing the document except for selected sections, under the watchful eyes of a USTR official. No matter what the pros and cons of the TPP, the people had no say in it, nor did our elected officials; and when we tried to get a say, they refused. That's inherently anti-democratic.

Re: TPP Is Still Very Much Alive

#10
post #2

There's a lot of abstract "this deal is bad!" stuff, but what, specific, are the issues with TPP? What reason does the president have for wanting to pass it? I generally find him to be a reasonable person, so I don't think he's just being "evil" or whatever.

There has been a very strong empirical correlation between free trade deals and subsequent negative economic fallout for average US citizens. In addition to what the others have said, this is another such free trade deal, but even larger than any other that has come before it.

Could you share a link(s) to the study that establishes a strong negative correlation between trade deals and the average American? I think the closest thing to a concensus among economists is that free trade produces some winners and losers, but on the whole, it improves overall welfare.
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