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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOBAMA Loses KRUGMAN On TPP: "As I see it, the big problem here is one of trust."
Trade and Trust
MAY 22, 2015
Paul Krugman
"As I see it, the big problem here is one of trust.
International economic agreements are, inevitably, complex, and you dont want to find out at the last minute just before an up-or-down, all-or-nothing vote that a lot of bad stuff has been incorporated into the text. So you want reassurance that the people negotiating the deal are listening to valid concerns, that they are serving the national interest rather than the interests of well-connected corporations."
Instead of addressing real concerns, however, the Obama administration has been dismissive, trying to portray skeptics as uninformed hacks who dont understand the virtues of trade. But theyre not: the skeptics have on balance been more right than wrong about issues like dispute settlement, and the only really hackish economics Ive seen in this debate is coming from supporters of the trade pact.
Its really disappointing and disheartening to see this kind of thing from a White House that has, as I said, been quite forthright on other issues. And the fact that the administration evidently doesnt feel that it can make an honest case for the Trans-Pacific Partnership suggests that this isnt a deal we should support.
http://www.nytimes.com/2015/05/22/opinion/paul-krugman-trade-and-trust.html?_r=0
http://www.dailykos.com/story/2015/05/22/1386858/-President-Obama-has-lost-Paul-Krugman-on-TPP
WillyT
(72,631 posts)phantom power
(25,966 posts)TheKentuckian
(25,029 posts)The price of being informed is that if the deal isn't acceptable but Obama and the TeaPubliKlans are down is we all get fucked over again and keep getting fucked for 6 years on whatever the vulture class sends down the pipe.
In practical application you supported the agreement whatever you think of it once you are informed.
pscot
(21,024 posts)and being told what's going to be done to us.
ucrdem
(15,512 posts)But he's entitled to his opinion.
billhicks76
(5,082 posts)This ranks up there with his refusal to prosecute torturers and even worse his flip flop on telecom immunity.
raindaddy
(1,370 posts)Being appalled that Obama is trying to push through a complex trade agreement that gives corporations the power to undermine regulations that protect people's health and the environment without allowing our representatives the opportunity to study the details.
Or outright misleading the public when fellow democrats complain about the ramifications it will have on the poor and middleclass?
Jackpine Radical
(45,274 posts)I have been looking for good online examples of various kinds of denial. This is a classic example of the "Disappointed in the independent expert because they don't support my pre-established position, and how dare they harsh my mellow" subtype.
ucrdem
(15,512 posts)You didn't read the OP?
Jackpine Radical
(45,274 posts)ucrdem
(15,512 posts)AZ Progressive
(3,411 posts)ucrdem
(15,512 posts)He rehearses a lot of FUD and then basically says maybe we should trust the FUD peddlers. Fine. I don't. Here's why:
http://www.democraticunderground.com/10026649703
p.s. FUD = "Fear uncertainty and doubt" and is a signature GOP swiftboat technique.
abelenkpe
(9,933 posts)I'm sure our reps will read it over carefully. It's not like they'd do something irresponsible like pass it so they could find out what was in it.
CharlotteVale
(2,717 posts)pampango
(24,692 posts)One of the Obama administrations underrated virtues is its intellectual honesty. Yes, Republicans see deception and sinister ulterior motives everywhere, but theyre just projecting. The truth is that, in the policy areas I follow, this White House has been remarkably clear and straightforward about what its doing and why.
Every area, that is, except one: international trade and investment.
International economic agreements are, inevitably, complex, and you dont want to find out at the last minute just before an up-or-down, all-or-nothing vote that a lot of bad stuff has been incorporated into the text. So you want reassurance that the people negotiating the deal are listening to valid concerns, that they are serving the national interest rather than the interests of well-connected corporations.
Its really disappointing and disheartening to see this kind of thing from a White House that has, as I said, been quite forthright on other issues. And the fact that the administration evidently doesnt feel that it can make an honest case for the Trans-Pacific Partnership suggests that this isnt a deal we should support.
sendero
(28,552 posts)... on whistleblowers and general governmental transparency has not been acceptable either IMHO. so you can add that one to international trade and investment.
bahrbearian
(13,466 posts)But he is entitled to his opinion
billhicks76
(5,082 posts)I alerted your comment by mistake. I'm so sorry. How can I undo!!! Please don't flag this
bahrbearian
(13,466 posts)billhicks76
(5,082 posts)I misread it. Thought it was a clone of the comment you were satirizing. I caught it before jury but couldn't undo.
Doctor_J
(36,392 posts)Heritage Care. Some after the Bush tax cuts were renewed. Some when fracking and "all of the above" moved forward. Some when the congressional democrats had to beg him to take ss cuts off the table.
Welcome to reality, professor
Demeter
(85,373 posts)It was a lifetime ago, I know....
hifiguy
(33,688 posts)ever inaugurated let the cat out of the bag regarding who Obama was really working for. My immediate reaction to that appointment was
Jackpine Radical
(45,274 posts)died the death of many cuts. I have pointed out denial in others here, but it's a common human trait, and I have done my share of it.
Fred Sanders
(23,946 posts)I trust my trust detection over Krugman, I am an expert on me.
Voice for Peace
(13,141 posts)I find it really hard to believe Obama would not be
listening, considering, discussing this with the American
people and the other Democrats, not siding with the
GOP. And I am really confused on this account.
ucrdem
(15,512 posts)As I recall the pundits all jumped ship on that one, plenty of Dems hotdogged and demagogued, accusations of betrayal flowed thick and fast on Pacifica, and then it passed, and then it worked, and then nobody ever mentioned a word about TARP again.
So if past is prologue this too shall pass. No pun intended.
hifiguy
(33,688 posts)The banksters lined their own pockets to the tune of TRILLIONS.
YoungDemCA
(5,714 posts)hifiguy
(33,688 posts)The Big Bank$ter$ looted the treasury and the Fed as well. Prins describes it all. And they either sat on the trillions they looted or used it to start re-leveraging themselves in different markets.
Every defaulting subprime mortgage in the country could have been paid in 2007 for $1.3 trillion. The banksters made off with ten or fifteen times that and not one home was saved as a result. All of that money went straight to the biggest banks.
840high
(17,196 posts)chev52
(71 posts)It's hard to believe anyone can defend Obama on this TPP deal. How can he try to push through something that most of base is against, and his enemies, the republicans, are almost unanimously for?
In addition to the above, It bypassed congress and allowed corporations to write the bill, and members of his own party aren't allowed to read it or debate it. Strange.
jtuck004
(15,882 posts)Omaha Steve
(99,708 posts)840high
(17,196 posts)rhett o rick
(55,981 posts)Of course not. Their only argument is that "we haven't seen it yet so it might be a boon for the 99%" Tell me I am wrong that that's their only argument. Oh wait. "Obama is near godly and he says it is good therefore it must be good."
ucrdem
(15,512 posts)by which I gather he didn't a Christmas card from Barack and Michelle this year either.
beerandjesus
(1,301 posts)malthaussen
(17,216 posts)-- Mal
George II
(67,782 posts).....Obama has been an abject failure as President. Worse than George Bush.
99Forever
(14,524 posts)The well deserved hit Democratic Party will take on this will be devastating.
The turncoats should be ashamed of themselves, way to snatch defeat from the jaws of victory in the upcoming election, neoliberals.
whereisjustice
(2,941 posts)That's how neutered the Democratic Party has become.
Mitch McConnell and Obama are fighting a class war against us.
PatrickforO
(14,587 posts)He is an intelligent man. Surely he knows what the TPP actually is.
It is obvious why he doesn't want the American people to see it until it is a done deal, but what is far less obvious is WHY he is advancing it so forcefully. Did he make some deal? Is he paying some group off for supporting him during his campaign?
The TPP is basically a stinking pile of you know what for anyone but big multinational corporations.
It's depressing.
whereisjustice
(2,941 posts)Obama believes in the purity of the free market and the unquestionable benevolence of corporations.
It's a Democratic Party thing.
It's a Republican Party thing.
We do not tolerate political dissent or competition, instead we prefer a monoculture of conservative values.
PatrickforO
(14,587 posts)Unfortunately the neoliberal capitalist model that seems to be 'how the world works' at this point in the history of our species is unsustainable. Corporations are not benevolent and the free market is not pure.
There's an essay called 'regenerative capitalism' that a friend of mine had me read. It's pretty good. Seems like quite a few thought leaders are getting on board because no sane person actually wants to see the earth become a lifeless smoking cinder - which is where we're headed if we don't make some serious changes.
raindaddy
(1,370 posts)I've gradually lost faith in Obama's commitment to the poor and middle class in this country. The walking shoes that never made it out of the closet. The conversation that never happened when the NSA was caught spying on Americans. The pass given to Cheney/Bush torture and the crackdown on whistle blowers....
The TPP is the final nail... Barack Obama has an agenda and it's not to be trusted!
orpupilofnature57
(15,472 posts)CullenBohannon
(64 posts)Had a feeling this disaster would pass. Sneaky sellouts.
Enthusiast
(50,983 posts)The general welfare of the American people is completely ignored to feather the nests of the already filthy rich corporations.
We do not want the fucking TPP. But....
floriduck
(2,262 posts)eating meat because our 14 Democratic Senators who betrayed the American workers, wouldn't insist on an amendment to label what's country of origin. When you bite down on that steak, it might be from somewhere you wouldn't set foot.
whereisjustice
(2,941 posts)The rich will always be able to afford safe food. The rest of use can eat shit as far as Washington is concerned.