2016 Postmortem
In reply to the discussion: Bernie Supporters Please Pay Attention to This Good Advice and Then Smile [View all]puffy socks
(1,473 posts)First of all it doesn't make it easier for companies to off shore decent jobs. But having NO trade agreement would make it easier to off shore decent jobs and make it more inciting for companies. Why? Because none of the minimum wage parts of the agreement would take place thus , foreign labor will be sold at rock bottom prices and bring down US wages as companies will off shore with no labor agreements or US worker will have to compete for the shitty wages.
The TPP boosts exports and economic growth, creating more jobs and prosperity for the 12 countries involved. It increases exports by $305 billion per year by 2025. U.S. exports would increase by $123.5 billion, focusing on machinery, especially electrical, autos, plastics and agriculture industries.
It does this by removing 18,000 tariffs placed on U.S. exports to the other countries. The United States has already withdrawn 80% of these tariffs on foreign imports. The TPP evens the playing field.
The agreement adds $223 billion a year to incomes of workers in all the countries, with $77 billion of that going to U.S. workers. (Source: US Trade Representative, TPP Fact Sheet)
All countries agreed to cut down on wildlife trafficking, especially elephants, rhinoceroses, and marine species. It prevents environmental abuses, such as unsustainable logging and fishing. Those that don't will face trade penalties.
http://useconomy.about.com/od/Trade-Agreements/fl/What-Is-the-Trans-Pacific-Partnership.htm