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In reply to the discussion: Email from Keith Ellison re: the TPP and the Democratic Platform Committee. [View all]bvar22
(39,909 posts)45. Lets try FACTS instead of invctive:
<snip>
"One problem with trade and investment deals, especially with lower-wage countries like South Korea and China, is that they often result in growing trade deficits and job losses. In 2011, President Obama claimed that the Korea-U.S. free trade agreement (KORUS) would support 70,000 American jobs because the agreement would increase exports of American goods by $10 billion to $11 billion.
Since KORUS took effect in 2012, exports to Korea have increased by less than $1 billion. Meanwhile, U.S. imports have surged more than $12 billion, resulting in a net loss of 75,000 U.S. jobs. (The Korean Free Trade Agreement is the template for the TPP)
Similarly, Bill Clinton claimed that NAFTA would create 200,000 jobs in its first two years and a million jobs in five years. Instead, between 1993 (before NAFTA) and 2013, the U.S. trade deficit with Mexico and Canada increased from $17 billion to $177.2 billion, displacing more than 850,000 U.S. jobs.
<read more FACTS here:>
http://www.newsweek.com/free-trade-costs-american-jobs-332962
The TPP has been appropriately described as "NAFTA on Steroids".
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Email from Keith Ellison re: the TPP and the Democratic Platform Committee. [View all]
99th_Monkey
Jun 2016
OP
You are correct in that "Neoliberalism is the antithesis of liberalism" and that
PufPuf23
Jun 2016
#48
K & R. No how, no way to yet another Hafta trade deal to exterminate US workers
appalachiablue
Jun 2016
#4
No fearful victim, Reality. TPP is another pig in a poke to the mass uninformed.
appalachiablue
Jun 2016
#33
Data shows that Brexit supporters were anti-immigrant, anti-Green, anti-social liberalism,
pampango
Jun 2016
#12
So we have to throw Obama and a large part of our base under the bus and scapegoat
pampango
Jun 2016
#18
If they want progressives to continue to join the march towards history of electing Hillary...
Chan790
Jun 2016
#19
I think you're going to see attrition from the 80% if the TPP plank isn't added.
Chan790
Jun 2016
#24
and isn't that an utterly damning statement of the state of the new Democratic party
AntiBank
Jun 2016
#32