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In reply to the discussion: "there’s reason to believe the link between falling unemployment and rising wages has been severed" [View all]1StrongBlackMan
(31,849 posts)97. Yes, it's all speculation ...
The idea that we use trade deals to
"lift" workers from poverty is misguided.
Response: Why? Are you saying that trade deals cannot have as an objective to lift workers out of poverty, i.e., create more consumers?
Is that what US policy is supposed to do?
Response: To this point in our nation's history, it hasn't; but, one would think a liberal would hope that it would be considered.
What about our people in poverty?
TPP will NOT help them, will it?
Response: As I've stated repeatedly ... If the US negotiating objective(s) are met ... Yes, it will work to lift more Americans out of poverty, as it will slow, if not stop, the off-shoring of jobs.
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?
Response: Neither, it's a recognition of the damage that globalism, i.e., introducing cash into traditionally agrarian/barter societies, can do/has done.
You suggest that the TPP would create a disincentive to off-shore.
That sound incredulous!
Response: Only to someone that knows very little about economics and business systems. The reason corporations off-shore jobs is to take advantage of low wage/low regulation markets, the TPP, if the US negotiating objectives are successfully negotiated, will shrink the cost advantage ... perhaps to the point where the 12+ hour engineering/production separation no longer makes sense.
What recent trade agreement has worked to that effect?
Response: None, that I am aware of. Name an insurance company that covered pre-existing health/medical conditions. None, until negotiations resulted in pre-existing health/medical conditions being covered. Times change.
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*?
Response: No ... the effective US corporate tax rates, what corporations actually pay, are pretty much some of the lowest of industrialized nations.
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?
Response: Regulations that outlaw the dumping of industrial sewage into the nearest stream/river won't positively affect the environment? Really?
The premise that corporations value stability and predictability
over nominal profits is based on what? The invisible hand?
Response: Economics ... and your mentioning of the invisible hand, in this context, suggests that you haven't the faintest idea what I am talking about.
Simply valuing something does not equate with action.
There are plenty of cases where nominal profits trump rational action.
Response: Really? ... and the businesses that make those choices, typically, are not in business long.
Basically, you seem to sum up support for the TPP based on feel good
and wishful thinking about what might happen "if negotiated successfully".
Response: And your opposition to TPP is based on similar, but negative speculation about economic Armageddon. No?
The leaks coming out about TPP show that the "negotiators" are not
working in good faith.
Response: No ... the leaks coming out about TPP show nothing but what a/a few/some/several or a number of trade partners have proposed, nor do they say anything about what the US negotiators' have proposed or counter-proposed.
In fact, its been said that the public would oppose the treaty
if the details were made known.
Response: Yes, I know that has been said ... by people that claim to have not seen, nor been a part of, the negotiations. Doesn't that give you a moment of pause?
"lift" workers from poverty is misguided.
Response: Why? Are you saying that trade deals cannot have as an objective to lift workers out of poverty, i.e., create more consumers?
Is that what US policy is supposed to do?
Response: To this point in our nation's history, it hasn't; but, one would think a liberal would hope that it would be considered.
What about our people in poverty?
TPP will NOT help them, will it?
Response: As I've stated repeatedly ... If the US negotiating objective(s) are met ... Yes, it will work to lift more Americans out of poverty, as it will slow, if not stop, the off-shoring of jobs.
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?
Response: Neither, it's a recognition of the damage that globalism, i.e., introducing cash into traditionally agrarian/barter societies, can do/has done.
You suggest that the TPP would create a disincentive to off-shore.
That sound incredulous!
Response: Only to someone that knows very little about economics and business systems. The reason corporations off-shore jobs is to take advantage of low wage/low regulation markets, the TPP, if the US negotiating objectives are successfully negotiated, will shrink the cost advantage ... perhaps to the point where the 12+ hour engineering/production separation no longer makes sense.
What recent trade agreement has worked to that effect?
Response: None, that I am aware of. Name an insurance company that covered pre-existing health/medical conditions. None, until negotiations resulted in pre-existing health/medical conditions being covered. Times change.
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*?
Response: No ... the effective US corporate tax rates, what corporations actually pay, are pretty much some of the lowest of industrialized nations.
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?
Response: Regulations that outlaw the dumping of industrial sewage into the nearest stream/river won't positively affect the environment? Really?
The premise that corporations value stability and predictability
over nominal profits is based on what? The invisible hand?
Response: Economics ... and your mentioning of the invisible hand, in this context, suggests that you haven't the faintest idea what I am talking about.
Simply valuing something does not equate with action.
There are plenty of cases where nominal profits trump rational action.
Response: Really? ... and the businesses that make those choices, typically, are not in business long.
Basically, you seem to sum up support for the TPP based on feel good
and wishful thinking about what might happen "if negotiated successfully".
Response: And your opposition to TPP is based on similar, but negative speculation about economic Armageddon. No?
The leaks coming out about TPP show that the "negotiators" are not
working in good faith.
Response: No ... the leaks coming out about TPP show nothing but what a/a few/some/several or a number of trade partners have proposed, nor do they say anything about what the US negotiators' have proposed or counter-proposed.
In fact, its been said that the public would oppose the treaty
if the details were made known.
Response: Yes, I know that has been said ... by people that claim to have not seen, nor been a part of, the negotiations. Doesn't that give you a moment of pause?
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"there’s reason to believe the link between falling unemployment and rising wages has been severed" [View all]
marmar
Jan 2015
OP
No doubt about it. Our workers now have to compete with Bangladesh wages (and working conditions)
Doctor_J
Jan 2015
#1
You are spot on. The TPP is indefensible, and I wish, in a way, TPP supporters
djean111
Jan 2015
#20
+ 1000 to that. Anyone with Wall St investments is a TPP supporter at this point.
raouldukelives
Jan 2015
#118
count me as cynical, with cause to be. if you're not, you haven't been paying attention.
ND-Dem
Jan 2015
#94
he's not soft peddling it. This is a hard sell of yet another far right abomination
Doctor_J
Jan 2015
#67
The "US's position" is the position of the multinational corporate lobbyists.
stillwaiting
Jan 2015
#58
and people who used farmers markets used to be 'well outside' too. but now we have two
ND-Dem
Jan 2015
#93
I live in a poor, conservative town and a hell of a lot of people go to the farmers' market.
ND-Dem
Jan 2015
#99
no (though we don't have a 'mega' grocery store.) but being as 20 years ago we didn't even
ND-Dem
Jan 2015
#103
All of the language in the negotiating position of all of the partners ...
1StrongBlackMan
Jan 2015
#26
I have come to the conclusion that it is impossible to have a reasoned debate here on DU about this
MADem
Jan 2015
#55
"...build on the strong labor provisions in the most recent U.S. trade agreements"< Which destroyed
jtuck004
Jan 2015
#100
I don't think he missed it all seeing the same point is right there in the blurb
TheKentuckian
Jan 2015
#86
I don't know if it's you or me, but I'm having a hard time getting your meaning. "Demanders"
ND-Dem
Jan 2015
#95
Outsourcing results in factories closing when the entire function is outsourced
seabeckind
Jan 2015
#36
It is so curious to me that income inequality does not mean "equality" to some
BrotherIvan
Jan 2015
#74
yup - too many people are distracted by shiny numbers and not seeing the real picture
Skittles
Jan 2015
#91
Sorry this is happening for so many new hires. I can only speak for my family 4 re-employments
kelliekat44
Jan 2015
#47
BUT IT HAS NOTHING TO DO WITH NOT RAISING TH MINIMUM WAGE! so says the tinklebell wing.
pansypoo53219
Jan 2015
#66
And the president's a good man. He would never favor corporations over Americans
Doctor_J
Jan 2015
#68
Things are going to get even worse with Deep Learning AI threatening many service and admin jobs
AZ Progressive
Jan 2015
#104
Americans have been suckered into believing $15 an hour is a really good deal....
Spitfire of ATJ
Jan 2015
#109
Mission almost accomplished. Creating a cheap labor force right here in the US.
sabrina 1
Jan 2015
#120