Robert Reich on the TTP. Good for corporations. Bad for the rest of us. [View all]
Suppose that by enacting a particular law wed increase the U.S.Gross Domestic Product. But almost all that growth would go to the richest 1percent.
The rest of us could buy some products cheaper than before. But those gains would be offset by losses of jobs and wages.
. . . .
Suppose that by enacting a particular law wed increase the U.S.Gross Domestic Product. But almost all that growth would go to the richest 1percent.
The rest of us could buy some products cheaper than before. But those gains would be offset by losses of jobs and wages.
More. These excerpts don't begin to do Reich's article justice. Please read the rest at
http://robertreich.org/post/111210323485
If you want to be able to explain why the TPP is a lousy idea, read and memorize Reich's explanation. I would add it is also bad because of the international trade courts that can render decisions that supersede our laws and make our democracy pretty superfluous.