Let's not forget how wonderful (sic) was for the US, Mexico - don't know about Canada, they seem to be fairly unscathed.
We have to keep making noise on this one - left and right agree on this one. Only politicians and their masters (big business) are in favor of this
Last week, more than 550 groups, representing tens of millions of individual members, signed a letter to members of Congress urging them to
vote against a push by President Obama for 'fast track' authority for the Trans-Pacific Partnership, a so-called "free trade" now under negotation
between the U.S. and eleven other Pacific rim nations.
The week before that, another 50 groups launched an energized online campaign called StopFastTrack.com in order to kill the TPP agreement—dubbed
"NAFTA on steroids"—that they say "threatens everything you care about: democracy, jobs, the environment, and the Internet."
Here is a link to the letter with all 550 signatories:
The fast track bill was introduced by Rep Dave Camp and Rep Max Baucus (see original reference)
Economists write that "Free Trade" treaties exacerbate U.S. income Inequality.
Since 1941 standard economic theory has held that trade liberalization will contribute to greater
income inequality in developed countries like the United States. In the early 1990s, as U.S.
income inequality soared amid the enactment of U.S. “free trade” deals, a spate of economic
studies put the theory to the test, aiming to determine the relative contribution of trade flows to
the rise in U.S. income inequality. The result was an academic consensus that trade flows
had, in fact, contributed to rising U.S. income inequality. The only debate was the extent of
the blame to be placed on trade, with most studies estimating that between 10 and 40 percent
of the rise in inequality during the 1980s and early 1990s stemmed from trade flows.
The extraordinary trade authority, which Congress has refused to grant for 15 of the past 20 years, would suspend normal congressional
procedures for consideration of the controversial TPP, which Obama hopes to sign soon. Who supports TPP and fast track? The corporate lobby that
worked its butt off to defeat Obama’s re-election.
From original reference.
Already several dozen Republican House members have announced their opposition to new fast track powers for Obama. A conservative grassroots
campaign is gearing up against fast track and TPP.
From original reference.
And to close from the key reference:
What could unite the A-Z of the Democratic base and conservative grassroots activists? Um, could be the 20 devastating years of damage by the
North American Free-Trade Agreement experienced by American workers and communities across the political spectrum
Come on friends, let's put ideological bickering aside and work for the good of the whole U.S.