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n2doc

(47,953 posts)
Wed May 27, 2015, 04:19 AM May 2015

Pro-TPP arguments show desperation [View all]

If trade agreement supporters are going with their best sell, there’s clearly little to be said in its favor


by Dean Baker


The push for the Trans-Pacific Partnership (TPP) is reaching its final stages, with the House of Representatives soon voting on granting the president fast-track trade authority, which will almost certainly determine the pact’s outcome. The proponents of the TPP are clearly feeling the pressure as they make every conceivable argument for the deal, no matter how specious.

In the last few weeks, TPP advocates have repeatedly tripped up, getting their facts wrong and their logic twisted. This hit parade of failed arguments should be sufficient to convince any fence sitters that this deal is not worth doing. After all, if you have a good product, you don’t have to make up nonsense to sell it.

Leading the list of failed arguments was a condescending editorial from USA Today directed at unions that oppose the TPP because they worry it would cost manufacturing jobs. The editorial summarily dismissed this idea. It cited Commerce Department data showing that manufacturing output has nearly doubled since 1997 and argued that the job loss was due to productivity growth, not imports.

It turned out that the table used in the editorial did not actually measure manufacturing output. The correct table showed a gain of only 40 percent over 17 years. By comparison, in the prior 10 years, when our trade deficit was not expanding, manufacturing output increased by roughly 50 percent.

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http://america.aljazeera.com/opinions/2015/5/pro-tpp-arguments-show-desperation.html

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