Thursday, April 14, 2016

The TTP: Would it be good for America?

The answer depends on your class orientation.  I like the fact-checking piece linked below.  Check it out.



Fact-checking the campaigns for and against the TPP trade deal - The Washington Post

1 comment:

  1. There's always a trade-off in enforcing a trade agreement. TTP will inevitably create inefficiency, but it will be balanced out with other benefits. For example, TTP will lead to job losses and low wages, but it will help the U.S. manufacturers. The manufacturing sector has been very slow at growing, laying off many workers lately, so TTP will be beneficial in creating jobs. As for the arguments against TTP in regards to environment problems, I think degradation of environment is inevitable. The experts will attempt to find the optimal level where the economy boosts while the level of harmful substances stays low.

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