Good. The secret TPP agreement is awful. See the EFF's analysis.[1] It's not about tariffs; it's a wish list for the RIAA, big pharma, and other lobbyists who want to override consumer protection laws through a trade bill.
"Noting deep ties between the country's top trade negotiator and Wall Street banks, ten groups representing millions of Americans are calling on the White House to make public all communications between U.S. Trade Representative Michael Froman and the massive financial institutions that stand to benefit from proposed trade deals."
".. Many of the industry representatives are themselves former USTR officials ... Jim DeLisi of Fanwood Chemical said he had just seen the text on rules of origin, and remarked, “Someone owes USTR a royalty payment. These are our rules. … This is a very pleasant surprise.”
One thing to be aware of is we don't know what the final deal looks like. Many times things are put out in negotiations to be taken away later. This is why "people" say, "The two things you never want to see being made are sausages and laws."
We don't even know what the current deal looks like. Even lawmakers have had only very limited access to the terms of the proposed treaty. if the country, and by extension, the American people, are going to give up some of their sovereignty in exchange for ...something, that should be an open discussion not this corrupt backroom nonsense.
Congress will always have a significant amount of time to see the deal.
Look at how hard it is to get a budget deal done in just our country, because everyone plays to the media and their most extreme constituents. Multiply that by every country looking at the deal. Too many parties second guessing the process kills any chance of a trade agreement good or bad.
There's a Robert Reich article from a year ago that predicted this kind of division on issues. He says that the two new sides are "populist" vs "establishment". It looks to me like he was right.
It really explains a lot, like why a lot of people feel so differently about Hillary Clinton vs. Bernie Sanders, or Jeb Bush vs. Rand Paul. I think we could say that Sanders and Paul are members of a new invisible party of populists, while Bush and Clinton are members of a pro-establishment party.
Or as other people have called this: Washington DC vs Everyone else.
All presidential candidates except Paul and Sanders are firmly on the "establishment" side.
But I'm sure we'll also hear the other candidates give plenty of lip service to the populists this election cycle and turn around and forget about all that as soon as they're elected.
I don't know if this agreement is good or bad but I do have an issue with any trade agreement being ratified without it being viewed first by the public. And I question the intentions of those who want an agreement passed without public review.
There would be public review before voting to accept or reject. Congress would have months to process it before voting.
The trade agreement would be public; only the negotiations that produced the agreement would remain confidential (so that countries can bargain and compromise more readily).
What President Obama is asking for right now is not approval of the trade deal, but the ability to make the deal. This power (trade promotion authority, or "fast track") is not new, but rather the renewal of a piece of legislation that dates back to 1974 and is standard for such trade agreements, having been in effect for most years since then.
Very good point. I believe (please correct me if I'm wrong!) that every trade deal in recent history required this type of authority. It basically doesn't allow folks to see the sausage as it's being made. I believe (again, please correct me if I'm wrong) that our constitution was negotiated behind closed doors for similar reasons.
I think that was sarcasm, but to respond... I've seen key legitimate concerns mixed with misinformation and whipped into a frothy public spectacle.
Whether or not the final proposal is worth passing when it comes to vote, I would rather not encourage the use of such tactics, lest they backfire some day.
The focus upon "secrecy" also risks obscuring more pertinent criticism, especially when the final text is released (if the process isn't derailed first), in which case people might wonder what the fuss was about.
TARP lost 228-205 in a first vote. Then the stock market went down a bit and despite constituent phone calls being 300-1 against TARP, Congress added 448 pages (of mostly pork) to the bill and passed it anyway.
We need a good book or ten on legislative game theory/tropes, which can be cited in newspaper coverage.
Dear citizen, you are facing ___ because ___ years ago, bill ___ was drafted by lobbyists ___, legitimized by playbook moves ___ and approved by ___ votes. Opposing votes were reversed after playbook moves ___, also used in ___ preceding bills.
likely have constituents who work in an industry that would be threatened with greater trade integration.
Nationally a detrimental move with greater costs, but locally they might very well be better off without it.
The standard story trotted out about trade are the steel tariffs implemented by Bush 43. Highly beneficial for the small number of steel workers in the US, but an effective tax on every other consumer. Forgot the figures from way back when, but IIRC we could have paid every steel worker $2-300,000/yr for the rest of their lives and still come out far ahead as a country.
The story of trade they tell in undergrad econ is that the country as a whole will benefit while individuals / individual sectors will be hurt. The country as a whole will benefit so much that we can help those that are hurt and still come out ahead. Unfortunately, this is america, so we virtually never get around to helping those that are hurt, or when we do, it's not at all effective [1]. So trade, in practice, is a transfer from those less well-off to those more well-off.
Not to mention that Obama is a liar and the purpose of this treaty is to remove worker protections. See, eg, the position of labor in vietnam: they widely oppose the TPP. We're a rich country and we can afford to not use virtual slave labor to make our clothes.
I think you overstate the negatives. Assuming the $300k/year/displaced worker figure is accurate, I'd guess the other important figures are more like:
* Workers currently paid on average $40k/year will lose their jobs.
* They will get new jobs paying on average $60k/year
* The businesses that pay them will get an extra $200k/year in profit.
I pulled those figures out of thin air, but you can play around with them and see that it's very easy for a trade agreement to be good for everyone while still being disproportionately better for the people who control the business.
What is most objectionable are the 2/3+ of the agreement that is about things like corporations suing states, extensions of excessive copyright and patent laws, etc.
The other problem is that the American worker took it in the shorts after NAFTA. A bunch of jobs suddenly moved to Mexico, and then to Asia.
The United States would have benefited more from automating those jobs rather than just having them leave. Had NAFTA not gone into effect, companies would have had to do more automation.
While people can be in general better off, I still think the situation is unfair and it's reasonable to oppose the treaty just on the question of fairness, but that's a much more complicated conversation.
What are you suggesting is the secret reason she's opposing? Do you really doubt she's to the left of the president and trying to get a bill that's more liberal?
I'm not suggesting anything other than the stated reason isn't likely to be the real reason she's opposing this version. I don't presume to have ANY IDEA what really is going on, I just don't believe she's got the best interest of "America's workers" in mind. Her interests don't have to be more liberal to not be in line with what's best for her constituents.
There are numerous corporations that would be negatively impacted by this trade deal. It's not a white-and-black "all corporations would love this deal" type situation.
I don't know the details on this particular case, but its not on the face of it ridiculous.
Currently, European oil and gas corporations are pushing for a carbon tax. The reason is that they think they'd displace a lot of coal usage if both where priced accurately. In the US the coal lobby is currently stronger than the gas lobby (even with cracking).
Corporations compete, even in lobbying, sometimes this leads to surprisingly positive sounding outcome.
(I say "sounding" as its not clear if the worse-than-carbon-for-climate-change methane that gas production produces would be costed properly if gas companies are driving the "carbon" tax)
[1] https://www.eff.org/issues/tpp