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Hoyt

(54,770 posts)
21. It's the way to get the best agreement.
Mon May 11, 2015, 09:27 AM
May 2015

"Conclusion

Globalization is here to stay, and failure to pass TPA or to conclude the TPP will not change this. However, TPP is a key opportunity for the U.S. to continue to determine the terms of globalization and to ensure that its development supports U.S. growth and welfare.

The TPP is an agreement that will support a U.S. economic future that is geared towards innovation in high-end manufacturing and services. The TPP will also underpin a global economic system that is rules-based, consistent with U.S. values, and strengthens the ability of U.S. businesses to compete in TPP markets. Such a system will ensure that the U.S. benefits more fully from the global economy—and the opportunities here are significant. Currently, 95 percent of the world’s population lives outside the United States. Global middle-class consumption is projected to grow from $21 trillion in 2009 to over $56 trillion in 2030, with most of the growth happening outside the U.S. in the Asia-Pacific region. [8]

The TPP will also support other strategic goals of the U.S. in the region. As noted, the TPP is a central part of the U.S. rebalancing towards Asia. In this way, the TPP will underpin U.S. alliances with TPP parties such as Japan and Australia and provide opportunities for the U.S. to deepen its relationship with emerging strategic partners such as Vietnam.

Thus, the TPP is an important trade agreement that will produce economic and broader strategic gains for the U.S. The TPP negotiations can be concluded this year but achieving this will require Congress to pass TPA. It is time for Congress to act. "



http://www.brookings.edu/research/opinions/2015/04/09-trade-promotion-authority-trans-pacific-partnership-negotiations-meltzer

Recommendations

0 members have recommended this reply (displayed in chronological order):

He will when it's finished. I'm betting 95+% who are saying it's bad won't read it. Hoyt May 2015 #1
When it's finished is too late. CaliforniaPeggy May 2015 #2
No it's not. Congress can vote it down. They can even tell Obama to go back to the table Hoyt May 2015 #3
I'm not sure why you think we'll get to see it. However, I'll give you the benefit of the doubt. CaliforniaPeggy May 2015 #5
Well you'll probably only get three months, so take a refresher on speed reading. Hoyt May 2015 #8
Three months would work. And I am a pretty fast reader. CaliforniaPeggy May 2015 #10
Good deal. Hoyt May 2015 #11
We only get 60 days. That's all that TPA allows for and it is reported to be Exilednight May 2015 #37
Actually it can be sent back to Prez. First if it doesn't meet the standard Congress placed in the Hoyt May 2015 #41
Sorry. Duplicate from Chinese phone. Hoyt May 2015 #8
Because that's the law Recursion May 2015 #14
So if it's that simple, why the big push for fast track. bluesbassman May 2015 #12
Amendments and filibusters Recursion May 2015 #15
It's amazing with so much cussing and discussing this issue few understand these simple facts. DCBob May 2015 #25
The system is broken, but the system is what our Democracy was designed to run on. bluesbassman May 2015 #32
It's the way to get the best agreement. Hoyt May 2015 #21
Really? billhicks76 May 2015 #18
I agree with you on Congress, but this agreement is important to our future. Hoyt May 2015 #22
"OUR" Is The Operative Word billhicks76 May 2015 #35
Do you work for a corporation? Do you think you'd be in a better position Hoyt May 2015 #36
Not Against Corporations billhicks76 May 2015 #43
A totally different matter, but I agree about prisons. Government officials want to shirk Hoyt May 2015 #44
I Have A Friend Just Out Of Private Prison billhicks76 May 2015 #45
You are correct. It will be too late. Once fast track is passed, we're done. And it is too late. GoneFishin May 2015 #29
Oh I assure you the annexes will have something to be fraught over. joshcryer May 2015 #4
Then, when he releases it, Congress can consider fast track. Jim Lane May 2015 #19
Congress won't read 95% of it. nt Erich Bloodaxe BSN May 2015 #26
Probably not true, but their constituents darn sure won't. They'll be too busy saying Hoyt May 2015 #30
Queue the bizarre lines of reasoning AgingAmerican May 2015 #6
eliminate the fast track provisions. took 5 years to "negotiate" another year won't hurt the filthy msongs May 2015 #7
agree. barbtries May 2015 #13
Open your mouth and close your eyes and you will get a big SURPRISE! BrotherIvan May 2015 #16
Yep, if it's so great he should be overjoyed with everyone reading it. Scuba May 2015 #17
I don't know that I can read it and understand the convoluted language it's surely written in. 99Forever May 2015 #20
It's not even finalized. Why release texts that may not even be in the deal? JaneyVee May 2015 #23
We'll see it after it's signed, sealed and screwed. eloydude May 2015 #24
why? to negotiate a deal that is most likely to pass congress alc May 2015 #28
If he was not asking for a vote on this now before it is done there would be not be such an outcry jwirr May 2015 #39
600 corporate lobbyists worked very hard to help draft this treaty. We don't need congress, think May 2015 #27
Actually, not true. The US Trade Reps did it, and they are mostly career diplomats. Hoyt May 2015 #31
Career diplomats like Micheal Froman who got a $4,000,000 bonus from Citigroup before joining USTR? think May 2015 #33
He hasn't worked for them in years and has a long history of diplomatic work. Hoyt May 2015 #34
You might want to catch a few episodes of House of Cards sometime. n/t Psephos May 2015 #42
Or at least it confirms that someone will not like it. jwirr May 2015 #38
Why would he release something that is still being negotiated. He didn't do it with Iran or Cuba or pampango May 2015 #40
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