Tuesday, August 16, 2016

TPP

The TPP is in the news since Clinton was for it when she was Secretary of State but is now against it. Trump has been opposed to it all along and most people are not happy with it. It is a trade agreement between 12 countries including the United States and most notably absent China. Some sources say that it will eliminate some 18,000 trade barriers which sound good but the problem is how it was negotiated. One huge rap against TPP is that the Obama administration negotiated it in secret, but with input from hundreds of corporations who ultimately would benefit from it. There are so many opinions that it is difficult to decide whether it is good or bad. Most agree it will be good for employers but not for employees and thus unions are strongly opposed to TPP. The same situation arose when NAFTA was signed 23 years ago. One thing for sure is that jobs for working people have not benefited since NAFTA became law.

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