Tue May 5, 2015, 09:12 AM

Robert Reich Hammers TPP As More "Trickle-Down" Economics: "Have We Learned Nothing?"

In fact, it’s just more trickle-down economics.
The biggest beneficiaries would be giant American-based global corporations, along with their executives and major shareholders.

Those giant corporations initiated the deal in the first place, their lobbyists helped craft it behind closed doors, and they’re the ones who have been pushing hard for it in Congress – dangling campaign contributions in front of congressional supporters and threatening to cut off funding to opponents.

The arguments in favor of the deal aren’t credible. The notion that the Trans Pacific Partnership will spark American exports doesn’t hold because the deal does nothing to prevent other nations from manipulating their currencies in order to boost their own exports.

http://www.dailykos.com/story/2015/05/03/1382221/-Robert-Reich-Hammers-TPP-As-More-Trickle-Down-Economics-Have-We-Learned-Nothing?detail=facebook_sf

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It seems naive to assume the corporations have our best interests at heart. Why are we still using the same principles and trusting the same people who kept fucking everything up? Without increased tax rates on the rich, a massive expansion of the safety net and a minimum income the TPP could damage us tremendously.

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20 replies	Author	Time	Post
Robert Reich Hammers TPP As More "Trickle-Down" Economics: "Have We Learned Nothing?" (Original post)	Alittleliberal	May 2015	OP
Many have not and will not as long as their favorite candidates say it is alright.	mmonk	May 2015	#1
+ 100	donnasgirl	May 2015	#9
Stop the TPP!	AzDar	May 2015	#2
K&R	abelenkpe	May 2015	#3
And the cheerleaders are scheduled to arrive in 3... 2... 1...	Buns_of_Fire	May 2015	#4
The one who uses the Woody Guthrie avatar	brentspeak	May 2015	#6
Or printing more MickeyD job apps to shower on the next Occupy event n/t	IDemo	May 2015	#8
I really don't get all that upset at them. I just read their opinion and remember that	Buns_of_Fire	May 2015	#10
+1	daleanime	May 2015	#14
Depends upon who "WE" means.	WinkyDink	May 2015	#5
We as in	Alittleliberal	May 2015	#7
"The American people are tired of being trickled on."	raging moderate	May 2015	#11
NO snark	FlatBaroque	May 2015	#12
How are they "making" him do this against his will?	lark	May 2015	#17
I think he's under pressure from the Clintons to do it....	Spitfire of ATJ	May 2015	#18
As long as corporate money continues to pollute our democracy	d_legendary1	May 2015	#13
It's REALLY easy...	Plucketeer	May 2015	#16
Its the root of all evil for a reason	d_legendary1	May 2015	#20
If you want campaign money	Geronimoe	May 2015	#15
K&R We live in the ruins of what the past profited from.	raouldukelives	May 2015	#19

Response to Alittleliberal (Original post)

Tue May 5, 2015, 09:17 AM

mmonk (52,589 posts)

1. Many have not and will not as long as their favorite candidates say it is alright.

They seem incapable of comprehending why their income never moves up and just accepts its because of the idea it's the other party to blame and never with certain policies.

Robert Reich Hammers TPP As More "Trickle-Down" Economics: "Have We Learned Nothing?"

1. Many have not and will not as long as their favorite candidates say it is alright.

9. + 100

2. Stop the TPP!

3. K&R

4. And the cheerleaders are scheduled to arrive in 3... 2... 1...

6. The one who uses the Woody Guthrie avatar

8. Or printing more MickeyD job apps to shower on the next Occupy event n/t

10. I really don't get all that upset at them. I just read their opinion and remember that

14. +1

5. Depends upon who "WE" means.

7. We as in

11. "The American people are tired of being trickled on."

12. NO snark

17. How are they "making" him do this against his will?

18. I think he's under pressure from the Clintons to do it....

13. As long as corporate money continues to pollute our democracy

16. It's REALLY easy...

20. Its the root of all evil for a reason

15. If you want campaign money

19. K&R We live in the ruins of what the past profited from.