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

Showing Original Post only (View all)

JDPriestly

(57,936 posts)
Sat Feb 28, 2015, 11:03 PM Feb 2015

Robert Reich on the TTP. Good for corporations. Bad for the rest of us. [View all]

Suppose that by enacting a particular law we’d 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 we’d 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.

12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»Robert Reich on the TTP. ...