TPP: An act of duplicity

[finnbow]

Originally Posted by Oerets

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

Barney

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

[merrylander]

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.

[finnbow]

Originally Posted by merrylander

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?

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

[Dondilion]

Obama to visit Nike to promote TPP.

Some choice: Nike with its poor record.

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

[donquixote99]

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.

[donquixote99]

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.

[Rajoo]

From Post #53:

...Nike said the tariff relief promised by the trade pact, called the Trans-Pacific Partnership,

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

[Dondilion]

Originally Posted by BeamOn

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.

[Boreas]

Originally Posted by finnbow

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

But just as unwelcome. To wit: VW Chattanooga.

[Rajoo]

Originally Posted by Dondilion

Check Nike tax avoidance record. link Post #54.

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.