Obama’s Trans-Pacific Partnership Promises Echo Clinton’s On NAFTA

Dave Johnson
Obama’s Trans-Pacific Partnership Promises Echo Clinton’s On NAFTA

NAFTA – the North American Free Trade Agreement – was sold with promises of jobs and prosperity on all sides of the border. What really happened was that an increased trade deficit sucked demand and jobs out of the U.S. economy; workers lost bargaining power, resulting in pay and benefit cuts; and income inequality rose as corporations pocketed the wage differential. Now the Trans-Pacific Partnership (TPP) is being sold with literally the same promises. Here is why TPP is not going to work out better than NAFTA did.

http://ourfuture.org/20150225/obamas-tpp-promises-echo-clintons-nafta-promises?utm_source=progressive_breakfast&utm_medium=email&utm_campaign=pbreak

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IOW - it's a slap to anyone on the progressive side
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