General Discussion
In reply to the discussion: "there’s reason to believe the link between falling unemployment and rising wages has been severed" [View all]Cosmic Kitten
(3,498 posts)Yet it's all speculation and based on a great big "IF".
The idea that we use trade deals to
"lift" workers from poverty is misguided.
Is that what US policy is supposed to do?
What about our people in poverty?
TPP will NOT help them, will it?
And yet you qualify the idea of lifting from poverty
with the caveat that raising income can have negative effects.
Is this a Catch-22? Or just setting up rationals to explain failure?
You suggest that the TPP would create a disincentive to off-shore.
That sound incredulous!
What recent trade agreement has worked to that effect?
It's also inconceivable that the negotiators would create
disincentives for corporations that makes staying in the US desirable.
Doesn't the US have the *highest corporate taxes in the world*?
There is no evidence available that the environment will be positively effected.
In fact history has shown the opposite is more probable.
Where is the evidence that the environment will be positively effected?
And by what metric will this be measured?
The premise that corporations value stability and predictability
over nominal profits is based on what? The invisible hand?
Simply valuing something does not equate with action.
There are plenty of cases where nominal profits trump rational action.
Basically, you seem to sum up support for the TPP based on feel good
and wishful thinking about what might happen "if negotiated successfully".
The leaks coming out about TPP show that the "negotiators" are not
working in good faith.
In fact, its been said that the public would oppose the treaty
if the details were made known.
http://www.citizen.org/documents/Leaked-TPP-Investment-Analysis.pdf