A retired Army general explains the tactical disadvantages the TPP puts the US in. The TPP is a bad deal all around, and will further erode constitutionally-protected rights as well as national sovereignty. Free trade is often good for the economies that participate unless, of course, there is a striking disparity in the value of labor capital between two trade partners–such as the case with the USA and China.
While I respect President Obama and the pact’s military backers, I believe these arguments miss a crucial point: By facilitating the further offshoring of America’s manufacturing base, the trade pact would actually undermine America’s military readiness and global economic standing. TPP would hurt our national security interests more than it would help.
Source: The national security case against TPP | TheHill
The USITC had a good review of the Trans-Pacific Partnership and sees negligible benefits for the US economy at an unprecedented cost in terms of dollars to implement, enforcement, lost productivity, and erosion of freedoms.
Source: It’s Official: US International Trade Commission Predicts Negligible Economic Benefits From TPP | Techdirt
The penalties would be levied without a trial by jury, in a kangaroo court held outside of the legal protections of the member states, without due process, and with burden of proof set squarely on the defense. Oh yeah, and this legislation is sitting on the president’s desk right now.
When the text of the Trans-Pacific Partnership (TPP) was first released in November last year, it included provisions dictating the kinds of penalties that should be available in cases of copyright infringement.
Source: Sneaky Change to the TPP Drastically Extends Criminal Penalties | Electronic Frontier Foundation
Secret treaty negotiated without elected representation, now signed without debate, awaiting ratification without further debate thanks to prior “Fast Track” approval before having even read the treaty, about to become the Law of The Land to the great applaud of China’s Communist Party.
Go home, America, you are drunk.
Seriously, if this passes, we’re all fucked.
Source: Countries Sign The TPP… Whatever Happened To The ‘Debate’ We Were Promised Before Signing? | Techdirt
Remember, folks, this is a piece of legislation currently sitting on the desk of a soon-to-be lame duck president with nothing to lose.
In this GDAE Working Paper, the authors employ a more realistic model that incorporates effects on employment excluded from prior TPP modeling. They find that benefits for economic growth are more limited, and they are negative in some countries such as the United States. More importantly, they find that TPP would lead to losses in employment and increases in inequality. This is true particularly for the United States, where GDP is projected to fall slightly, employment would decline, and inequality is projected to increase as labor’s share of income falls.
Source: Unemployment, Inequality and Other Risks of the Trans-Pacific Partnership Agreement
The TPP deal will make our markets less free and less competitive, and it will particularly hurt innovation-based entrepreneurship
Source: Trans-Pacific Partnership is a wonderful idea – for China
Good-bye, cosplay; it’s been fun. Also, it’s been nice knowing you, gaming mods, investigative journalism, open-source, privacy, electronic security, freedom of speech, technological innovation, and rational thought! Au revoir, mes amis!
The Internet is a diverse ecosystem of private and public stakeholders. By excluding a large sector of communities—like security researchers, artists, libraries, and user rights groups—trade negotiators skewed the priorities of the Trans-Pacific Partnership (TPP) towards major tech companies and copyright industries that have a strong interest in maintaining and expanding their monopolies of digital services and content.
Source: How the TPP Will Affect You and Your Digital Rights | Electronic Frontier Foundation