2016 Postmortem
In reply to the discussion: What Will You Be Wearing to History on Tuesday? [View all]Tortmaster
(382 posts)re-worked, would be? Be specific. It is cheaper to manufacture in the United States, comparatively speaking, than it was in the 1990s (think cheap natural gas). Also, if you claim that the arbitration provisions will be THE DEATH OF DEMOCRACY like Senator Sanders claims, then I know that you, like him, have not done your homework.
The US is 13-0 in arbitration matters under NAFTA. That's a fact. And if you look up the old WTO and GATT arbitrations, you'll find that they didn't end Democracy. In fact, some of the matters are 30-years old because the United States doesn't have to abide by any ruling, or it can offer a compromise (i.e. 20% off each pallet of widgets).
The environmental benefits (over-fishing and deforrestation provisions, among others) of the TPP would be lost because we'd have no other leverage, and, finally, there's the potential of ceding these emerging markets to China.
I don't know if the TPP would be good or bad. If you claim that you do, you are not credible.
The important thing to do is to penalize and tax American companies that off-shore jobs. I think Secretary Clinton and President Obama understand that. I know that Senator Sanders is off in left field on the issue of the TPP. I have read his statements on the subject, and they are childish, as in something I would expect as homework from a not-completely-unintelligent junior high school student.