What specific aspects of the treaty do you think will benefit us and why?

In your own words Finn.

Reduction in manufacturing jobs in the US is already a done deal with or without this agreement. It's services and innovation that fuels the modern-day American economy and this agreement helps those sectors where we still remain viable/profitable. Simply put, I'm a free-trader and always have been.

"lo barato sale caro"


Spanish Proverb: Cheap is sometimes expensive!

I see a race to the bottom for us in the USA. For every country with a increase in their lot another will have a decrease. A leveling world wide. Bad for US good for India China Korea ......

Barney

From your link:


Excellent paraphrasing!;)

We need to focus our manufacturing on high-value-added items rather than commodity items. Look at how Germany's manufacturing sector has remained robust. They retain the high-value-added work at home while being content to out-source lesser work to places like Brazil, Mexico, even Tennessee.

Strong active Labor and Unions in Germany might have some to do with it too?



Barney

Bingo!

We are outsourcing some of our high value service to other countries, especially India.

In addition we bypass American high tech workers, with a flood of relatively cheap special visa workers.
Many American companies with an eye on penetrating the Chinese Market have willingly transferred their top technology to China. GM for instance.

But more to the point: Fast Track.

The essence of Warren opposition is Fast Track.

You know, I think lot's of folks decide what to think on the basis of 'who they are and have always been.' Politics equals identity equals politics. But few state how they decide with such lucidity and plainness.

Indeed it does. The entire management/labor relationship is quite different in Germany than it is here.

The article says he believes it will increase world wealth by 3 trillion. The question is who is going to see that increase. None of the USA middle class I'll warrant.

So, are you saying that pursuing a course of action that will forgo the growth of world wealth by $3 trillion will somehow benefit American workers?:confused:

Here's an interesting tidbit:

PORTLAND, Ore. — President Obama plans to campaign for a Pacific free-trade zone on Friday by visiting the headquarters of Nike, where executives will announce that they will create 10,000 jobs in the United States if the accord is approved...

...Nike said the tariff relief promised by the trade pact, called the Trans-Pacific Partnership, would allow the company to speed development of advanced manufacturing methods and a domestic supply chain to support United States-based manufacturing. In addition to 10,000 new manufacturing and engineering jobs, the company predicted that the trade pact would create thousands of construction jobs and up to 40,000 indirect jobs with suppliers and service companies over 10 years.

http://www.nytimes.com/2015/05/09/bu...-approved.html

Obama to visit Nike to promote TPP.

Some choice: Nike with its poor record.

http://www.huffingtonpost.com/dave-j...b_7233118.html

Jobs are promised? Nike may offer jobs or may not. That will be up to them. But the vast increase in the power of supra-national corporations will be law. And power is always wielded in the interest of the ones that have it.

Future increased wealth of three trillion is, of course, an estimate. And nothing is more plastic than an estimate.

But should it not be three trillion, under the new world order, someone will have to make it up to them.

From Post #53:

Buy Nike stocks, that's where this relief is going. Isn't this yet another tax break and can we afford it? No.

Check Nike tax avoidance record. link Post #54.

But just as unwelcome. To wit: VW Chattanooga.

Thanks for the link. My office in Portland (2000-2014) was less than a mile form Nike headquarters. They do have a few very high paying jobs but for ordinary folks in PDX, they are SOL.

I want to emphasize the revolutionary change the TPA represents. As things are now, corporate income largely derives from sales in markets. As such they must provide goods and services that customers are free to buy or not, to get income. The TPA changes that. Through tribunal judgements, corporations can establish entitlement to income streams from involuntary taxation, without delivering any goods or services at all.

I can see a future in which corporations, having established such entitlement, actually shut down operations that compete to provide good and services to customers, in favor of 'rent seeking.'

Afaik, that's been going on for decades.

Sent from my SM-N900V using Tapatalk

As they can. This empowers it on a new scale.

Things are looking up.

http://www.washingtonpost.com/politi...5cf_story.html

Indeed!

Where is Hillary on this issue?

Shhhhh! It's a secret. Just like the TPP.:D

Bernie Sanders, in the other hand.....................