Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Obama hopes to enlist GOP in push for trade pact, despite Democratic resistance [View all]RiverLover
(7,830 posts)46. This could mean a pay cut for 90% of US workers, of course Democrats don't want it.
Obama acknowledged yesterday that TPP proponents will have a tough time arguing that this time is differentthat reviving Fast Track authority in attempt to push through Congress another more-of-the-same trade pact would not fuel further inequality growth. Fast Track was the Nixon-created maneuver that allowed the executive branch to railroad through Congress controversial, inequality-spurring pacts like the North American Free Trade Agreement (NAFTA) by negotiating and signing the pacts before Congress got an expedited, no-amendments, limited-debate vote.
A study by the Center for Economic and Policy Research finds that were the TPP to be Fast Tracked through Congress, all but the wealthiest among us would lose more to inequality increases than we would gain in cheaper goods, spelling a pay cut for 90 percent of U.S. workers.
http://www.commondreams.org/news/2014/12/04/obama-ready-defy-base-order-advance-trans-pacific-partnership
A study by the Center for Economic and Policy Research finds that were the TPP to be Fast Tracked through Congress, all but the wealthiest among us would lose more to inequality increases than we would gain in cheaper goods, spelling a pay cut for 90 percent of U.S. workers.
http://www.commondreams.org/news/2014/12/04/obama-ready-defy-base-order-advance-trans-pacific-partnership
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
116 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Obama hopes to enlist GOP in push for trade pact, despite Democratic resistance [View all]
n2doc
Dec 2014
OP
If you have a min wage and a Chinese company can go to their in house negotiator court and win damages
Vincardog
Dec 2014
#86
How do you know what is in it? Even Congress cannot see this 'global deal' which is an outrage. The
sabrina 1
Dec 2014
#36
What we've learned (no scare quotes) is OBAMA's discreditable negotiating position
Jim Lane
Dec 2014
#79
You emphasize public review but you're OK with fast track, which drastically curtails that review.
Jim Lane
Dec 2014
#94
Considering that they don't seem to be doing much else, you're probably right.
Buns_of_Fire
Dec 2014
#100
Union membership holds a vote to accept or decline a contrat. Without that vote there is no contract
Bluenorthwest
Dec 2014
#95
If as you state "The time to debate/comment on the agreement is the time between when the trade
Vincardog
Dec 2014
#102
There hasn't been a modern trade deal that has benefitted American workers ...
1StrongBlackMan
Dec 2014
#67
I'm wishing him a major fail on the TPP. This is a horrible bit of legislation, IMHO. n/t
CaliforniaPeggy
Dec 2014
#3
Sad, isn't it? So much good will built up, particularly over the past month or so.
arcane1
Dec 2014
#9
I can't wait to come on to DU and read about how this is supposed to be a good thing.
arcane1
Dec 2014
#4
Like how every superb liberal thing he does is instantly forgotten or denigrated?
True Blue Door
Dec 2014
#13
You don't have to wait, I just responded to such a post above. The Third Way is ready for anyone
sabrina 1
Dec 2014
#38
Intellectualism is not defined by giving the same old bullshit credence each time it is uttered.
TheKentuckian
Dec 2014
#108
Obama is an '80s Republican. He's said so himself on more than one occassion.
blkmusclmachine
Dec 2014
#7
Let the teabaggers use whatever terminology they want. The point is that Obama is trying
totodeinhere
Dec 2014
#23
I thought the complaint du jour was that TPP was being negotiated secretively.
True Blue Door
Dec 2014
#25
Yes, of course that is a complaint. Are you suggesting that our elected officials in Congress have
sabrina 1
Dec 2014
#39
I guess you have't been following this over the past few years. Congress would like, in fact they
sabrina 1
Dec 2014
#42
'Hysteria, paranoia'! That says it all. You clearly refuse to accept the FACTS which you are
sabrina 1
Dec 2014
#56
"I said any trade agreement I would support had to contain real, enforceable standards for workers."
pampango
Dec 2014
#29
Looks like Obama and his GOP partners are going to succeed in getting fast track. How nice for them.
pa28
Dec 2014
#19
Then we have to listen to right wingers blaming the Democratic party for the next 30 yrs.
B Calm
Dec 2014
#116
"Democrats keep losing because we don't defend government actions enough!" (or something like that)
MisterP
Dec 2014
#28
This could mean a pay cut for 90% of US workers, of course Democrats don't want it.
RiverLover
Dec 2014
#46
600 corps have seen the TPP in full, along with some unions. Here's what the unions think~
RiverLover
Dec 2014
#50
K&R It is the desire of Wall St supporters and investors, it will happen. nt
raouldukelives
Dec 2014
#54
As long as we get those 2 dollar a day salaries. It will be cause to celebrate more American
Katashi_itto
Dec 2014
#59
Holy Crap%*!@ Just read full article linked...This started out as a George W Bush deal.
RiverLover
Dec 2014
#72
Right, but that isn't what this story is about. Its about his own party being ag it and needing GOP
RiverLover
Dec 2014
#83
"Obama Ran Twice on Anti-NAFTA Free Trade; He was Lying to Us. Big TPP Push"
RiverLover
Dec 2014
#85